Africa Energy Corp. (CVE:AFE – Get Free Report) was up 33.3% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 747,500 shares traded hands during mid-day trading, an increase of 291% from the average daily volume of 191,085 shares. The stock had previously closed at C$0.03.
Africa Energy Stock Performance
The company has a quick ratio of 28.20, a current ratio of 0.24 and a debt-to-equity ratio of 13.68. The firm has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.03. The stock has a market capitalization of C$63.45 million, a P/E ratio of -0.24 and a beta of 1.06.
Africa Energy Company Profile
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.
Featured Stories
- Five stocks we like better than Africa Energy
- What is a Special Dividend?
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- What Are the FAANG Stocks and Are They Good Investments?
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- How to Short a Stock in 5 Easy Steps
- 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.
