Shares of Africa Energy Corp. (CVE:AFE – Get Free Report) traded up 18.8% during trading on Friday . The company traded as high as C$0.25 and last traded at C$0.19. 140,108 shares changed hands during trading, an increase of 473% from the average session volume of 24,461 shares. The stock had previously closed at C$0.16.
Africa Energy Price Performance
The company has a debt-to-equity ratio of 28.69, a quick ratio of 28.20 and a current ratio of 0.25. The company has a market capitalization of C$86.25 million, a P/E ratio of -1.28 and a beta of -0.16. The firm’s fifty day moving average is C$0.13 and its 200 day moving average is C$0.14.
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. in March 2015. Africa Energy Corp. is headquartered in Vancouver, Canada.
See Also
- Five stocks we like better than Africa Energy
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- Gold $5,000: The 2026 Gold & Silver Summit is LIVE March 4
- How a Family Trust May Be Able To Help Preserve Your Wealth
- This makes me furious
- Elon Musk: This Could Turn $100 into $100,000
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.
