Azincourt Energy (CVE:AAZ) Shares Up 33.3% – Should You Buy?

Azincourt Energy Corp. (CVE:AAZ) shares shot up 33.3% during trading on Monday . The stock traded as high as C$0.04 and last traded at C$0.04. 4,601,572 shares traded hands during mid-day trading, an increase of 619% from the average session volume of 640,198 shares. The stock had previously closed at C$0.03.

Azincourt Energy Stock Performance

The company has a market cap of C$11.94 million, a PE ratio of -4.00 and a beta of 2.78. The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

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.