Africa Energy Corp. (CVE:AFE – Get Free Report) shares reached a new 52-week high during trading on Monday . The stock traded as high as C$0.20 and last traded at C$0.20, with a volume of 14500 shares changing hands. The stock had previously closed at C$0.04.
Africa Energy Trading Up 387.5%
The firm has a market capitalization of C$193.01 million, a PE ratio of -0.90 and a beta of 1.06. The business has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.03. The company has a current ratio of 0.25, a quick ratio of 28.20 and a debt-to-equity ratio of 28.69.
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 Articles
- Five stocks we like better than Africa Energy
- Why Understanding Call Option Volume is Essential to Successful Options Trading
- Zscaler Will Hit $360 Soon: Here’s the How and Why
- EV Stocks and How to Profit from Them
- 5 Stocks Set to Soar This Summer
- What Investors Need to Know About Upcoming IPOs
- Why SoundHound Could Be a Short Squeeze in the Making
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.
