Azincourt Energy (CVE:AAZ) Trading Up 33.3% – Time to Buy?

Azincourt Energy Corp. (CVE:AAZ)’s stock price shot up 33.3% on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 406,000 shares changed hands during mid-day trading, an increase of 50% from the average session volume of 269,929 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Up 33.3 %

The company’s 50 day simple moving average is C$0.01 and its 200-day simple moving average is C$0.01. The firm has a market cap of C$5.97 million, a P/E ratio of -2.00 and a beta of 2.78.

About Azincourt Energy

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.