Azincourt Energy (CVE:AAZ) Stock Price Up 25% – Still a Buy?

Azincourt Energy Corp. (CVE:AAZ)’s share price was up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 1,459,942 shares changed hands during trading, an increase of 117% from the average daily volume of 673,464 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Up 25.0%

The company has a market capitalization of C$10.11 million, a PE ratio of -2.00 and a beta of 0.71. The firm has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02.

Azincourt Energy Company Profile

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.