Azincourt Energy (CVE:AAZ) Stock Price Up 90% – Time to Buy?

by · The Cerbat Gem

Azincourt Energy Corp. (CVE:AAZ – Get Free Report) rose 90% during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 3,408,710 shares changed hands during mid-day trading, an increase of 385% from the average daily volume of 702,985 shares. The stock had previously closed at C$0.05.

Azincourt Energy Stock Up 60.0%

The company has a market capitalization of C$6.88 million, a price-to-earnings ratio of -2.00 and a beta of 0.63. The business has a 50-day moving average price of C$0.03 and a 200-day moving average price 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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.

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