Africa Energy Corp. (CVE:AFE - Get Free Report) shares reached a new 52-week high on Monday . The company traded as high as C$0.20 and last traded at C$0.20, with a volume of 14500 shares. The stock had previously closed at C$0.04.
Africa Energy Price Performance
The company has a market cap of C$207.85 million, a price-to-earnings ratio of -0.97 and a beta of 1.06. The company has a current ratio of 0.25, a quick ratio of 28.20 and a debt-to-equity ratio of 28.69. The business has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.04.
About Africa Energy
(
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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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