Azincourt Energy (CVE:AAZ) Trading 25% Higher – Should You Buy?

Azincourt Energy Corp. (CVE:AAZGet Free Report) traded up 25% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 162,000 shares traded hands during mid-day trading, a decline of 79% from the average session volume of 786,068 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The firm has a market capitalization of C$9.36 million, a P/E ratio of -2.50 and a beta of 1.18. The firm has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02.

Azincourt Energy Company Profile

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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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