Azincourt Energy (CVE:AAZ) Trading Up 20% – Should You Buy?

by · The Cerbat Gem

Azincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price shot up 20% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.03. 8,667,970 shares traded hands during mid-day trading, an increase of 1,644% from the average session volume of 497,053 shares. The stock had previously closed at C$0.03.

Azincourt Energy Price Performance

The company has a 50-day moving average of C$0.02 and a two-hundred day moving average of C$0.01. The company has a market capitalization of C$8.95 million, a PE ratio of -3.00 and a beta of 2.78.

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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