Azincourt Energy (CVE:AAZ) Trading 50% Higher – Should You Buy?

Shares of Azincourt Energy Corp. (CVE:AAZ) were up 50% during trading on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 336,859 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 738,968 shares. The stock had previously closed at C$0.01.

Azincourt Energy Trading Up 50.0%

The firm has a market cap of C$7.75 million, a P/E ratio of -2.00 and a beta of 0.61. The firm’s 50 day moving average is C$0.02 and its two-hundred day 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.