Azincourt Energy (CVE:AAZ) Trading 33.3% Higher – Still a Buy?

Azincourt Energy Corp. (CVE:AAZ) rose 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 434,672 shares changed hands during mid-day trading, an increase of 35% from the average daily volume of 322,779 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The company has a market cap of C$5.97 million, a PE ratio of -2.00 and a beta of 2.78. The company’s fifty day moving average price is C$0.01 and its 200 day moving average price is C$0.02.

About Azincourt Energy

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.