Azincourt Energy (CVE:AAZ) Trading Up 28.6% – Time to Buy?
by Doug Wharley · The Cerbat GemAzincourt Energy Corp. (CVE:AAZ – Get Free Report) shares were up 28.6% during mid-day trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,015,412 shares traded hands during trading, an increase of 24% from the average daily volume of 817,470 shares. The stock had previously closed at C$0.04.
Azincourt Energy Stock Up 12.5%
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 firm has a market capitalization of C$3.87 million, a PE ratio of -2.00 and a beta of 0.63.
About Azincourt Energy
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.