Azincourt Energy (CVE:AAZ) Trading 33.3% Higher – Still a Buy?

by · The Cerbat Gem

Azincourt Energy Corp. (CVE:AAZ – Get Free Report) shares shot up 33.3% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 139,788 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 686,829 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Up 33.3%

The firm’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a market capitalization of C$8.09 million, a price-to-earnings ratio of -2.00 and a beta of 0.71.

About Azincourt Energy

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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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