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

Azincourt Energy Corp. (CVE:AAZGet Free Report) rose 50% during trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 336,859 shares changed hands during trading, a decline of 54% from the average daily volume of 738,968 shares. The stock had previously closed at C$0.01.

Azincourt Energy Trading Down 33.3%

The company has a market cap of C$5.16 million, a price-to-earnings ratio of -2.00 and a beta of 0.61. The business has a fifty day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

Azincourt Energy Company Profile

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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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.

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