Azincourt Energy (CVE:AAZ) Trading 50% Higher – Still a Buy?
by Kim Johansen · The Markets DailyAzincourt Energy Corp. (CVE:AAZ – Get Free Report) shares were up 50% on Wednesday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 135,032 shares were traded during trading, a decline of 3% from the average daily volume of 139,015 shares. The stock had previously closed at C$0.01.
Azincourt Energy Stock Performance
The stock has a market cap of C$4.48 million, a PE ratio of -1.50 and a beta of 2.78. The business has a 50 day moving average price of C$0.01 and a two-hundred day moving average price of C$0.02.
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.
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