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

Shares of Azincourt Energy Corp. (CVE:AAZ) were up 33.3% on Monday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 1,774,513 shares traded hands during mid-day trading, an increase of 492% from the average daily volume of 299,508 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Down 25.0 %

The stock’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.02. The company has a market capitalization of C$4.48 million, a PE ratio of -1.50 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.