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Azincourt Energy shares jumped 25% on Wednesday after a 25% drop Monday, with volume surging 117%.
Azincourt Energy (CVE:AAZ) shares surged 25% on Wednesday, reaching a high of C$0.03 and closing at that level, driven by a 117% spike in trading volume to 1.46 million shares.
The company, which explores uranium and lithium in Canada and Peru, has a market cap of C$10.11 million and trades near its 50-day and 200-day moving averages at C$0.02.
A negative P/E ratio of -2.00 and a beta of 0.71 indicate no earnings and lower volatility.
The rally followed a 25% drop on Monday, when volume fell 54% and the stock closed at C$0.02 amid no clear catalyst.
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Las acciones de Azincourt Energy saltaron un 25% el miércoles después de una caída de un 25% el lunes, con un aumento de volumen del 117%.