Africa Energy Corp. (AFE.V)

$0.345

+0.03 (+7.81%)
Rating:
Recommendation:
-
Symbol AFE.V
Price $0.345
Beta 1.809
Volume Avg. 0.05M
Market Cap 506.212M
Shares () -
52 Week Range 0.215-0.385
1y Target Est -
DCF Unlevered AFE.V DCF ->
DCF Levered AFE.V LDCF ->
ROE 8.08% Neutral
ROA 7.90% Neutral
Operating Margin -
Debt / Equity 0.05% Neutral
P/E 11.50 Strong Buy
P/B 1.83 Strong Buy
Annual
Quarter

Earnings

Consensus EPS

Upgrades & Downgrades


Energy
Oil & Gas E&P
TSXV

Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. It holds a 27.5% participating interest in the Exploration Right for Block 2B offshore that covers an area of 3,062 square kilometers located in the west coast of South Africa; 43.85% interest in the Petroleum Exploration License 37 covering an area of 17,295 square kilometers located in the northern Namibian offshore region; and 49% interest in the Exploration Right for Block 11B/12B covering an area of approximately 19,000 square kilometers located in the Outeniqua Basin off the southern coast of South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp. in March 2015. Africa Energy Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.