Azincourt Energy (CVE:AAZ) Shares Up 14.3% – Should You Buy?

Azincourt Energy Corp. (CVE:AAZ)’s share price was up 14.3% during trading on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 854,412 shares traded hands during trading, an increase of 62% from the average daily volume of 526,853 shares. The stock had previously closed at C$0.04.

Azincourt Energy Stock Up 12.5%

The firm’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The firm has a market cap of C$3.87 million, a P/E ratio of -2.00 and a beta of 0.63.

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