Could Africa Energy Corp Lose Strenght? The Stock Increases A Lot Today

 Could Africa Energy Corp Lose Strenght? The Stock Increases A Lot Today

The stock of Africa Energy Corp (CVE:AFE) is a huge mover today! About 55,046 shares traded hands. Africa Energy Corp (CVE:AFE) has risen 6.00% since October 30, 2016 and is uptrending. It has outperformed by 0.74% the S&P500.
The move comes after 9 months positive chart setup for the $64.19 million company. It was reported on Nov, 29 by Barchart.com. We have $0.27 PT which if reached, will make CVE:AFE worth $3.85 million more.

Another recent and important Africa Energy Corp (CVE:AFE) news was published by Finance.Yahoo.com which published an article titled: “Africa Energy Acquires Interest in Offshore Namibia Block” on November 29, 2016.

Africa Energy Corp. , formerly Horn Petroleum Corporation, is a Canada exploration-stage international gas and oil exploration and development company. The company has a market cap of $64.19 million. The Firm focuses on the BLOCK 2B in South Africa. It currently has negative earnings. Block 2B covers approximately 4,360 square kilometers of the South African Western offshore approximately 300 kilometers north of Cape Town.

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