company background image
AFE logo

Africa Energy TSXV:AFE Stock Report

Last Price

CA$0.025

Market Cap

CA$35.2m

7D

0%

1Y

-78.3%

Updated

20 Nov, 2024

Data

Company Financials +

AFE Stock Overview

Operates as an oil and gas exploration and production company in South Africa and Namibia. More details

AFE fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends0/6

Africa Energy Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Africa Energy
Historical stock prices
Current Share PriceCA$0.025
52 Week HighCA$0.13
52 Week LowCA$0.02
Beta1.09
11 Month Change0%
3 Month Change-16.67%
1 Year Change-78.26%
33 Year Change-91.23%
5 Year Change-91.38%
Change since IPO-97.50%

Recent News & Updates

Does Africa Energy (CVE:AFE) Have A Healthy Balance Sheet?

Sep 27
Does Africa Energy (CVE:AFE) Have A Healthy Balance Sheet?

Is Africa Energy (CVE:AFE) A Risky Investment?

Jun 13
Is Africa Energy (CVE:AFE) A Risky Investment?

Is Africa Energy (CVE:AFE) A Risky Investment?

Feb 22
Is Africa Energy (CVE:AFE) A Risky Investment?

Recent updates

Does Africa Energy (CVE:AFE) Have A Healthy Balance Sheet?

Sep 27
Does Africa Energy (CVE:AFE) Have A Healthy Balance Sheet?

Is Africa Energy (CVE:AFE) A Risky Investment?

Jun 13
Is Africa Energy (CVE:AFE) A Risky Investment?

Is Africa Energy (CVE:AFE) A Risky Investment?

Feb 22
Is Africa Energy (CVE:AFE) A Risky Investment?

Africa Energy (CVE:AFE) Is Making Moderate Use Of Debt

Nov 08
Africa Energy (CVE:AFE) Is Making Moderate Use Of Debt

Is Africa Energy (CVE:AFE) Using Too Much Debt?

Jul 19
Is Africa Energy (CVE:AFE) Using Too Much Debt?

Is Africa Energy (CVE:AFE) Using Debt In A Risky Way?

Apr 04
Is Africa Energy (CVE:AFE) Using Debt In A Risky Way?

Here's Why We're Not At All Concerned With Africa Energy's (CVE:AFE) Cash Burn Situation

Jul 22
Here's Why We're Not At All Concerned With Africa Energy's (CVE:AFE) Cash Burn Situation

Africa Energy (CVE:AFE) Is In A Strong Position To Grow Its Business

Apr 05
Africa Energy (CVE:AFE) Is In A Strong Position To Grow Its Business

Have Insiders Been Selling Africa Energy Corp. (CVE:AFE) Shares?

Feb 12
Have Insiders Been Selling Africa Energy Corp. (CVE:AFE) Shares?

Here's Why We're Not At All Concerned With Africa Energy's (CVE:AFE) Cash Burn Situation

Jul 17
Here's Why We're Not At All Concerned With Africa Energy's (CVE:AFE) Cash Burn Situation

Shareholder Returns

AFECA Oil and GasCA Market
7D0%2.9%0.7%
1Y-78.3%18.0%21.7%

Return vs Industry: AFE underperformed the Canadian Oil and Gas industry which returned 16.5% over the past year.

Return vs Market: AFE underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is AFE's price volatile compared to industry and market?
AFE volatility
AFE Average Weekly Movement29.2%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

Stable Share Price: AFE's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: AFE's weekly volatility (29%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a4Rob Nicolellaafricaenergycorp.com

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.

Africa Energy Corp. Fundamentals Summary

How do Africa Energy's earnings and revenue compare to its market cap?
AFE fundamental statistics
Market capCA$35.20m
Earnings (TTM)-CA$300.76m
Revenue (TTM)n/a

0.0x

P/S Ratio

-0.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
AFE income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$215.12m
Earnings-US$215.12m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Mar 27, 2025

Earnings per share (EPS)-0.15
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio28.7%

How did AFE perform over the long term?

See historical performance and comparison