TSX-V

Africa Energy Corp.

AFE.V•Energy•Oil & Gas E&P
Current Price
$0.23
Today's Change
+18.42%
Market Cap
$99.97M
Volume
0.00
🛢️

Commodity Exposure

Crude Oil

Current Price
$98.41/barrel
+1.30% today
💡

Industry Context

Energy companies are highly sensitive to oil prices. Every $10/barrel change can impact operating margins by 15-25%.

Price updated: Oct 22, 2026, 03:00 PM

💡 Quick Take

Africa Energy Corp. is an oil and gas exploration company focused on potential gas condensate development offshore South Africa. Its strengths include a strong liquidity position with a current ratio of 16.64 and no debt, indicating financial stability. However, concerns arise from negative returns on equity and assets, suggesting operational inefficiencies. The recent price increase of 18.42% may reflect market optimism, but the low market cap of $99.97M raises questions about long-term growth potential. Overall, while the company has solid liquidity, its profitability metrics need improvement.

Based on 20 data points⚠️Not financial advice

📊 Key Metrics

52 Week High$0.55
52 Week Low$0.10
Avg Volume3.50K
Beta0.61
Shares Outstanding526.16M

🔥 Valuation

Market Cap$99.97M
Enterprise Value$108.23M
P/E Ratio-11.12
EV/EBITDA ⚠️-1.37x
Dividend Yield0.00%

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🚩 Red Flags

🟠

Significant Losses

Company posted a loss of $-2.6M over the last year, representing Infinity% of revenue.

🟠

Persistent Cash Burn

Operating cash flow has been negative for 3 consecutive quarters, burning $1.6M over the last year.

🌟 Opportunities

🚀

Debt-free balance sheet with a solid cash position, providing significant financial flexibility.

🚀

Excellent liquidity with current ratio of 16.6x ensures operational stability.

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