Azincourt Energy (CVE:AAZ) Trading Up 33.3% – Time to Buy?

Azincourt Energy Corp. (CVE:AAZGet Free Report)’s share price shot up 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 434,672 shares changed hands during mid-day trading, an increase of 35% from the average session volume of 322,779 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Up 33.3 %

The company has a 50 day moving average price of C$0.01 and a 200-day moving average price of C$0.02. The company has a market cap of C$5.97 million, a price-to-earnings ratio of -2.00 and a beta of 2.78.

About Azincourt Energy

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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.

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