Azincourt Energy (CVE:AAZ) Trading 40% Higher – Time to Buy?

Azincourt Energy Corp. (CVE:AAZ) traded up 40% on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.04. 9,307,771 shares traded hands during trading, an increase of 1,726% from the average session volume of 509,671 shares. The stock had previously closed at C$0.03.

Azincourt Energy Stock Up 40.0 %

The stock has a market cap of C$10.45 million, a PE ratio of -3.50 and a beta of 2.78. The firm has a 50-day simple moving average of C$0.02 and a 200-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.