Azincourt Energy (CVE:AAZ) Trading 60% Higher – Still a Buy?

Shares of Azincourt Energy Corp. (CVE:AAZGet Free Report) traded up 60% during trading on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. 2,435,095 shares traded hands during trading, an increase of 278% from the average session volume of 643,553 shares. The stock had previously closed at C$0.05.

Azincourt Energy Stock Performance

The stock has a market cap of C$6.02 million, a P/E ratio of -2.00 and a beta of 0.63. The stock’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.02.

About Azincourt Energy

(Get Free Report)

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.

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