Azincourt Energy (CVE:AAZ) Shares Up 25% – Should You Buy?

Azincourt Energy Corp. (CVE:AAZ)’s stock price was up 25% during mid-day trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 3,928,358 shares changed hands during mid-day trading, an increase of 1,054% from the average daily volume of 340,477 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The stock has a market cap of C$8.95 million, a P/E ratio of -3.00 and a beta of 2.78. The firm has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.01.

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.