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.
View AOIFF analyst ratings or view top-rated stocks.

3 Wall Street analysts have issued 1-year price objectives for Africa Oil's shares. Their AOIFF share price forecasts range from $3.25 to $24.00. On average, they predict the company's stock price to reach $10.17 in the next year. This suggests a possible upside of 471.2% from the stock's current price.
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Africa Oil's stock was trading at $1.41 at the start of the year. Since then, AOIFF stock has increased by 26.2% and is now trading at $1.78.
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Africa Oil saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,161,900 shares, an increase of 13.8% from the August 15th total of 1,021,100 shares. Based on an average trading volume of 347,500 shares, the short-interest ratio is currently 3.3 days.
View Africa Oil's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, November 14th 2022.
View our AOIFF earnings forecast.

Africa Oil Corp. (OTCMKTS:AOIFF) released its earnings results on Wednesday, August, 10th. The energy company reported $0.01 EPS for the quarter.

Africa Oil declared a dividend on Friday, September 2nd. Shareholders of record on Friday, September 9th will be given a dividend of $0.025 per share on Friday, September 30th. This represents a yield of 2.64%. The ex-dividend date of this dividend is Thursday, September 8th.
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 2.99%. The dividend payout ratio is 14.71%. 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 $1.78.

Africa Oil (OTCMKTS:AOIFF) has a market capitalization of $850.09 million. The energy company earns $190.72 million in net income (profit) each year or $0.34 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.