Azincourt Energy (CVE:AAZ) Stock Price Up 7.1% – Still a Buy?

Azincourt Energy Corp. (CVE:AAZ)’s stock price rose 7.1% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 131,962 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 514,854 shares. The stock had previously closed at C$0.07.

Azincourt Energy Stock Down 6.3%

The business’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$7.78 million, a P/E ratio of -1.50 and a beta of 0.83.

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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.