Azincourt Energy (CVE:AAZ) Stock Price Up 50% – Time to Buy?

Azincourt Energy Corp. (CVE:AAZGet Free Report)’s share price was up 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 310,000 shares were traded during 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 stock has a market cap of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78. The business has a 50-day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.02.

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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