Azincourt Energy (CVE:AAZ) Stock Price Up 50% – Still a Buy?

Shares of Azincourt Energy Corp. (CVE:AAZGet Free Report) shot up 50% during mid-day trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 253,181 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 259,671 shares. The stock had previously closed at C$0.01.

Azincourt Energy Trading Up 50.0 %

The firm has a 50-day moving average of C$0.01 and a 200 day moving average of C$0.02. The stock has a market capitalization of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78.

About Azincourt Energy

(Get Free Report)

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.

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