Azincourt Energy (CVE:AAZ) Trading 33.3% Higher – Still a Buy?

Shares of Azincourt Energy Corp. (CVE:AAZGet Free Report) shot up 33.3% during mid-day trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. 4,601,572 shares changed hands during 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 Down 12.5 %

The company has a market cap of C$10.45 million, a P/E ratio of -3.50 and a beta of 2.78. The company has a 50 day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

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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