Shares of Africa Energy Corp. (CVE:AFE – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 61000 shares. The stock had previously closed at C$0.03.
Africa Energy Price Performance
The company has a current ratio of 0.24, a quick ratio of 28.20 and a debt-to-equity ratio of 13.68. The company has a market capitalization of C$42.30 million, a PE ratio of -0.16 and a beta of 1.06. The company’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.04.
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.
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