Azincourt Energy (CVE:AAZ) Shares Up 33.3% – Still a Buy?

Shares of Azincourt Energy Corp. (CVE:AAZ) rose 33.3% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 4,848,577 shares were traded during mid-day trading, an increase of 595% from the average daily volume of 697,777 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The company has a market capitalization of C$10.33 million, a price-to-earnings ratio of -2.00 and a beta of 0.61. The business’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is 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.