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flag Azincourt Energy shares jumped 60% on Wednesday amid heavy trading, though no reason was given.

flag Azincourt Energy (CVE:AAZ) shares rose 60% on Wednesday, reaching a high of C$0.10 and closing at C$0.08, up from C$0.05 the previous day, with trading volume surging to about 4.95 million shares—nearly five times the average. flag The company, which explores uranium and lithium in Canada and Peru, owns projects in Saskatchewan and Newfoundland. flag It rebranded from Azincourt Uranium Inc. to reflect its focus on alternative energy. flag The stock has a market cap of C$6.88 million, a negative P/E ratio, and a beta of 0.63, with moving averages at C$0.03 and C$0.02. flag No specific reason for the price surge was provided.

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