Africa Energy Corp. (CVE:AFE – Get Free Report) traded up 33.3% during trading on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 747,500 shares changed hands during trading, an increase of 273% from the average session volume of 200,419 shares. The stock had previously closed at C$0.03.
Africa Energy Stock Performance
The company’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.03. The company has a debt-to-equity ratio of 13.68, a quick ratio of 28.20 and a current ratio of 0.24. The firm has a market capitalization of C$56.40 million, a PE ratio of -0.21 and a beta of 1.06.
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.
Featured Articles
- Five stocks we like better than Africa Energy
- 3 Home Improvement Stocks that Can Upgrade Your Portfolio
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- What is the Australian Securities Exchange (ASX)
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
- What is the Shanghai Stock Exchange Composite Index?
- Micron Technology: Riding the AI Wave to Long-Term Growth
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.
