Africa Oil - AOIFF Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Africa Oil in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" AOIFF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AOIFF, but not buy additional shares or sell existing shares.
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3 Wall Street research analysts have issued 12-month price targets for Africa Oil's shares. Their AOIFF share price forecasts range from $3.25 to $24.00. On average, they predict the company's share price to reach $10.17 in the next twelve months. This suggests a possible upside of 424.1% from the stock's current price.
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Africa Oil's stock was trading at $1.41 at the beginning of the year. Since then, AOIFF shares have increased by 37.6% and is now trading at $1.94.
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Africa Oil saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 730,700 shares, a drop of 23.9% from the July 15th total of 959,600 shares. Based on an average trading volume of 296,900 shares, the short-interest ratio is currently 2.5 days.
View Africa Oil's Short Interest.

Africa Oil Corp. (OTCMKTS:AOIFF) announced its quarterly earnings results on Thursday, February, 25th. The energy company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.01.

Africa Oil announced a dividend on Tuesday, March 15th. Stockholders of record on Thursday, March 17th will be paid a dividend of $0.025 per share on Thursday, March 31st. This represents a yield of 1.44%. The ex-dividend date of this dividend is Wednesday, March 16th.
Read our dividend analysis for AOIFF.

Africa Oil (OTCMKTS:AOIFF) pays an annual dividend of $0.05 per share and currently has a dividend yield of 2.63%. The dividend payout ratio is 12.20%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for AOIFF.

Africa Oil trades on the OTCMKTS under the ticker symbol "AOIFF."

Shares of AOIFF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of AOIFF stock can currently be purchased for approximately $1.94.

Africa Oil (OTCMKTS:AOIFF) has a market capitalization of $925.93 million. The energy company earns $190.72 million in net income (profit) each year or $0.41 on an earnings per share basis.

Africa Oil's mailing address is 885 W. GEORGIA STREET SUITE 2000, VANCOUVER A1, V6C 3E8. The official website for the company is www.africaoilcorp.com. The energy company can be reached via phone at (604) 689-7842, via email at aoi@namdo.com, or via fax at 604-689-4250.