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

Azincourt Energy Corp. (CVE:AAZ)’s stock price was up 25% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 3,452,358 shares traded hands during mid-day trading, an increase of 945% from the average daily volume of 330,266 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The stock’s fifty day moving average is C$0.02 and its 200 day moving average is C$0.01. The stock has a market cap of C$10.45 million, a P/E ratio of -3.50 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.