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

Azincourt Energy Corp. (CVE:AAZ) rose 25% on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 384,383 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 709,847 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Up 25.0%

The company has a market capitalization of C$10.11 million, a P/E ratio of -2.00 and a beta of 0.74. The business has a 50 day simple moving average of C$0.02 and a 200-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.