Azincourt Energy shares surged 33% to C$0.02 amid low trading volume, with no stated reason.

Azincourt Energy (CVE:AAZ) shares jumped 33.3% on Friday, reaching C$0.02 and closing at that level, with trading volume at 139,788 shares—80% below its average. The company, focused on uranium and lithium exploration in Canada and Peru, owns the East Preston and Big Hill Lithium projects. It has a market cap of C$8.09 million, a negative P/E ratio of -2.00, and a beta of 0.71, with both its 50-day and 200-day moving averages at C$0.02. No specific reason for the surge was provided.