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

Azincourt Energy Corp. (CVE:AAZGet Free Report) shares were up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 406,000 shares traded hands during mid-day trading, an increase of 50% from the average daily volume of 269,929 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

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

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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