Africa Energy Corp. (CVE:AFE – Get Free Report)’s share price was up 33.3% during mid-day trading on Friday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 747,500 shares changed hands during mid-day trading, an increase of 273% from the average daily volume of 200,419 shares. The stock had previously closed at C$0.03.
Africa Energy Price Performance
The business’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.03. The company has a market capitalization of C$56.40 million, a P/E ratio of -0.21 and a beta of 1.06. The company has a quick ratio of 28.20, a current ratio of 0.24 and a debt-to-equity ratio of 13.68.
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 Stories
- Five stocks we like better than Africa Energy
- Why Invest in 5G? How to Invest in 5G Stocks
- Buffett’s Sale of BAC Stock: A Smart Move or Missed Opportunity?
- What Does a Stock Split Mean?
- Energy Sector Shines in 2025: 2 Stocks Leading the Charge
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Market Volatility Ahead? These 3 ETFs Stand Out
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.
