Azincourt Energy (CVE:AAZ) Shares Climb 16.7% – Time to Buy?

Azincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price was up 16.7% on Monday. The stock traded as high as C$0.04 and last traded at C$0.04. 1,059,363 shares were traded during trading, an increase of 396% from the average daily volume of 213,378 shares. The stock had previously closed at C$0.03.

Azincourt Energy Price Performance

The stock has a market capitalization of C$5.79 million, a price-to-earnings ratio of -1.17 and a beta of 0.04. The firm’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.05.

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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.

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