Could AZINCOURT ENERGY CORPORATION (OTCMKTS:AZURF) See a Reversal After More Sellers Came In?

January 12, 2018 - By Stephen Andrade

The stock of AZINCOURT ENERGY CORPORATION (OTCMKTS:AZURF) registered an increase of 11.9% in short interest. AZURF’s total short interest was 4,700 shares in January as published by FINRA. Its up 11.9% from 4,200 shares, reported previously. With 5,100 shares average volume, it will take short sellers 1 days to cover their AZURF’s short positions.

The stock increased 39.18% or $0.0648 during the last trading session, reaching $0.2302. About 46,176 shares traded or 140.41% up from the average. Azincourt Energy Corp. (OTCMKTS:AZURF) has 0.00% since January 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Azincourt Energy Corp., an exploration and development company, focuses on the alternative fuels/alternative energy sector in Canada. The company has market cap of $11.08 million. It primarily owns a 10% interest in the Patterson Lake North project located in the Athabasca Basin, Saskatchewan, Canada. It currently has negative earnings. The firm was formerly known as Azincourt Uranium Inc. and changed its name to Azincourt Energy Corp. in October 2017.

More notable recent Azincourt Energy Corp. (OTCMKTS:AZURF) news were published by: Marketwired.com which released: “Azincourt Uranium Announces Private Placement” on August 01, 2017, also Investingnews.com with their article: “Azincourt Energy Announces Private Placement” published on January 11, 2018, Juniorminingnetwork.com published: “Imperial Metals Announces New Debt Facility and C$40 Million Rights Offering” on October 27, 2017. More interesting news about Azincourt Energy Corp. (OTCMKTS:AZURF) were released by: Juniorminingnetwork.com and their article: “Azincourt Energy Signs LOI to Acquire Five Lithium Projects in Manitoba” published on December 11, 2017 as well as Globenewswire.com‘s news article titled: “Azincourt Energy Announces Grant of Incentive Stock Options” with publication date: December 21, 2017.

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