Azincourt Energy (CVE:AAZ) Trading 33.3% Higher – Still a Buy?

Azincourt Energy Corp. (CVE:AAZ) traded up 33.3% during trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04. 4,601,572 shares changed hands during mid-day trading, an increase of 624% from the average session volume of 635,180 shares. The stock had previously closed at C$0.03.

Azincourt Energy Stock Down 12.5 %

The stock has a market capitalization of C$10.45 million, a P/E ratio of -3.50 and a beta of 2.78. The firm has a fifty day moving average price of C$0.02 and a two-hundred day moving average price 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.