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

Azincourt Energy Corp. (CVE:AAZ) shot up 33.3% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. 139,788 shares traded hands during trading, a decline of 80% from the average session volume of 686,829 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Up 33.3%

The stock has a market cap of C$8.09 million, a P/E ratio of -2.00 and a beta of 0.71. The business’s fifty day simple moving average is C$0.02 and its 200 day simple moving average is 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.