Azincourt Energy (CVE:AAZ) Trading Up 50% – Should You Buy?

Azincourt Energy Corp. (CVE:AAZ) shares traded up 50% during mid-day trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. 310,000 shares changed hands during trading, an increase of 7% from the average session volume of 289,732 shares. The stock had previously closed at C$0.01.

Azincourt Energy Stock Up 50.0 %

The company has a market capitalization of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78. The stock has a 50 day moving average of C$0.01 and a 200 day moving average of C$0.02.

About Azincourt Energy

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.