Africa Energy Corp. (CVE:AFE – Get Free Report)’s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.03 and traded as low as C$0.03. Africa Energy shares last traded at C$0.03, with a volume of 20,000 shares changing hands.
Africa Energy Trading Up 25.0 %
The stock has a market capitalization of C$35.25 million, a PE ratio of -0.13 and a beta of 1.06. The stock’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.05. 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
- Want to Profit on the Downtrend? Downtrends, Explained.
- Top 3 R&D-Driven Stocks Showing Strong Profit and Momentum
- Insider Trades May Not Tell You What You Think
- Shopify Stock Rally Continues: Why the Growth Story Isn’t Over
- Conference Calls and Individual Investors
- Tariff Troubles: 3 Stocks Planning Higher Prices
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.
