Azincourt Energy (CVE:AAZ) Stock Price Up 25% – Time to Buy?

Azincourt Energy Corp. (CVE:AAZ) shares were up 25% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 3,928,358 shares were traded during trading, an increase of 1,055% from the average daily volume of 340,150 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The stock has a market capitalization of C$7.46 million, a price-to-earnings ratio of -2.50 and a beta of 2.78. The stock has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01.

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.