Azincourt Energy (CVE:AAZ) Trading 28.6% Higher – Still a Buy?

Azincourt Energy Corp. (CVE:AAZ) traded up 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.05 and last traded at C$0.05. 1,106,138 shares changed hands during trading, an increase of 28% from the average session volume of 861,045 shares. The stock had previously closed at C$0.04.

Azincourt Energy Stock Performance

The company has a market cap of C$3.87 million, a P/E ratio of -2.00 and a beta of 0.63. The business’s 50-day moving average price is C$0.02 and its 200 day moving average price 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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.