Azincourt Energy (CVE:AAZ) Shares Up 25% – Still a Buy?

Azincourt Energy Corp. (CVE:AAZ) shares were up 25% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 3,928,358 shares changed hands during 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 Trading Up 25.0 %

The firm has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.01. 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.

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.