Africa Energy Corp. (CVE:AFE – Get Free Report) shares traded 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. 691,500 shares traded hands during trading, an increase of 262% from the average session volume of 191,085 shares. The stock had previously closed at C$0.03.
Africa Energy Stock Up 33.3 %
The firm’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.03. The firm has a market cap of C$56.40 million, a PE 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
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Cerence AI: One-Hit Wonder or Long-Term Winner After NVIDIA Pact?
- What is Short Interest? How to Use It
- UnitedHealth Group Pulls Back Into Another Healthy Opportunity
- What is an Earnings Surprise?
- 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.
