Azincourt Energy (CVE:AAZ) Stock Price Up 50% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ) shares were up 50% during trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 336,859 shares changed hands during mid-day trading, a decline of 54% from the average daily volume of 738,968 shares. The stock had previously closed at C$0.01.

Azincourt Energy Trading Down 33.3%

The firm’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a market capitalization of C$5.16 million, a price-to-earnings ratio of -2.00 and a beta of 0.61.

About Azincourt Energy

Azincourt Energy Corp., an exploration and development company, focuses on the alternative fuels/alternative energy sector in Canada and Peru. It explores for uranium and lithium deposits, as well as other clean energy elements. The company owns interest in the East Preston project covering an area of approximately 25,000 hectares located in Saskatchewan, Canada; and the Big Hill Lithium project covering approximately an area of 7,500 hectares located in southwestern Newfoundland, Canada. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.