Azincourt Energy (CVE:AAZ) Shares Up 25% – Should You Buy?

Azincourt Energy Corp. (CVE:AAZ)’s stock price traded up 25% during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 109,000 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 888,948 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Up 25.0%

The stock’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The firm has a market cap of C$7.46 million, a P/E ratio of -2.50 and a beta of 2.78.

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.