Africa Energy Corp. (CVE:AFE – Get Free Report)’s stock price was up 33.3% during mid-day trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 747,500 shares changed hands during trading, an increase of 273% from the average daily volume of 200,419 shares. The stock had previously closed at C$0.03.
Africa Energy Stock Performance
The company has a market cap of C$63.45 million, a PE ratio of -0.24 and a beta of 1.06. The company has a current ratio of 0.24, a quick ratio of 28.20 and a debt-to-equity ratio of 13.68. The business has a fifty day moving average of C$0.03 and a 200-day moving average of C$0.03.
About Africa Energy
Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. The company focuses on potential gas condensate development on Block 11B/12B offshore in South Africa. It also holds interest in the Block 2B offshore the Republic of South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp.
Read More
- Five stocks we like better than Africa Energy
- Best Aerospace Stocks Investing
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Energy and Oil Stocks Explained
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- CD Calculator: Certificate of Deposit Calculator
- MarketBeat Week in Review – 01/13 – 01/17
Receive News & Ratings for Africa Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Africa Energy and related companies with MarketBeat.com's FREE daily email newsletter.
