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

Azincourt Energy Corp. (CVE:AAZ)’s share price rose 25% on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 162,000 shares changed hands during trading, a decline of 79% from the average daily volume of 786,068 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The stock’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The stock has a market cap of C$9.36 million, a price-to-earnings ratio of -2.50 and a beta of 1.18.

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.