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

by · The Markets Daily

Shares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) rose 33.3% during trading on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 4,848,577 shares changed hands during trading, an increase of 595% from the average daily volume of 697,777 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The company’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The firm has a market capitalization of C$10.33 million, a P/E ratio of -2.00 and a beta of 0.61.

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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