Azincourt Energy (CVE:AAZ) Shares Up 50% – Still a Buy?

Azincourt Energy Corp. (CVE:AAZGet Free Report)’s share price rose 50% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 310,000 shares changed hands during mid-day trading, an increase of 7% from the average daily volume of 289,732 shares. The stock had previously closed at C$0.01.

Azincourt Energy Price Performance

The company has a fifty day simple moving average of C$0.01 and a 200-day simple moving average of C$0.02. The company has a market cap of C$4.48 million, a P/E ratio of -1.50 and a beta of 2.78.

About Azincourt Energy

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Azincourt Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azincourt Energy and related companies with MarketBeat.com's FREE daily email newsletter.