Africa Energy Corp. (CVE:AFE – Get Free Report)’s share price hit a new 52-week low during trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 108800 shares traded. The stock had previously closed at C$0.03.
Africa Energy Stock Down 16.7 %
The firm has a market cap of C$35.25 million, a PE ratio of -0.13 and a beta of 1.06. The company has a debt-to-equity ratio of 13.68, a current ratio of 0.24 and a quick ratio of 28.20. The business has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.
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.
Further Reading
- Five stocks we like better than Africa Energy
- What Does a Stock Split Mean?
- Why Hershey Stock Has More Room to Run Despite Takeover Rejection
- Insider Trades May Not Tell You What You Think
- Texas Instruments: The Old-School Tech Titan Still Delivering
- Canada Bond Market Holiday: How to Invest and Trade
- GRAIL: Biotech Stock Targeting $100B Cancer Market
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.
