Azincourt Energy (CVE:AAZ) Shares Up 25% – Time to Buy?

Azincourt Energy Corp. (CVE:AAZ)’s stock price shot up 25% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 109,000 shares were traded during mid-day trading, a decline of 88% from the average session volume of 888,948 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The firm has a 50 day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The stock has a market cap of C$7.46 million, a price-to-earnings ratio of -2.50 and a beta of 2.78.

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.