Azincourt Energy (CVE:AAZ) Trading 25% Higher – Time to Buy?

Shares of Azincourt Energy Corp. (CVE:AAZGet Free Report) shot up 25% during mid-day trading on Wednesday . The stock traded as high as C$0.03 and last traded at C$0.03. 1,459,942 shares were traded during trading, an increase of 117% from the average session volume of 673,464 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The stock has a market capitalization of C$8.09 million, a P/E ratio of -2.00 and a beta of 0.71. The business has a 50-day moving average price of C$0.02 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.

Further Reading

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