Azincourt Energy (CVE:AAZ) Shares Up 33.3% – What’s Next?

Shares of Azincourt Energy Corp. (CVE:AAZ) shot up 33.3% during mid-day trading on Monday . The company traded as high as C$0.02 and last traded at C$0.02. 1,774,513 shares were traded during trading, an increase of 492% from the average session volume of 299,508 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The stock has a fifty day moving average of C$0.01 and a 200-day moving average of C$0.02. The company has a market cap of C$4.48 million, a PE ratio of -1.50 and a beta of 2.78.

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.