Africa Energy Corp. (CVE:AFE – Get Free Report)’s stock price was up 33.3% during mid-day trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 691,000 shares changed hands during trading, an increase of 262% from the average daily volume of 191,002 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 200 day moving average price is C$0.03. 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 debt-to-equity ratio of 13.68, a current ratio of 0.24 and a quick ratio of 28.20.
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 Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story
- Top ETFs That Beat the Market in 2024 and Could Do It Again
- Why Invest in High-Yield Dividend Stocks?
- J.B. Hunt Leads Truckers Lower: Buy Them While They’re Down?
- 3 Ways To Invest In Coffee, Other Than Drinking It
- 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.
