Africa Oil Corp

Company Profile

Africa Oil Corp had its IPO on under the ticker symbol AOIFF.

The company operates in the Energy sector and Oil & Gas E&P industry. Africa Oil Corp has a staff strength of 24 employees.

Stock update

Shares of Africa Oil Corp opened at $2.42 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.41 - $2.43, and closed at $2.41.

This is a +0.42% increase from the previous day's closing price.

A total volume of 52,702 shares were traded at the close of the day’s session.

In the last one week, shares of Africa Oil Corp have increased by +1.89%.

Africa Oil Corp's Key Ratios

Africa Oil Corp has a market cap of $1.02 billion, indicating a price to book ratio of 0.8133 and a price to sales ratio of 6.0733.

In the last 12-months Africa Oil Corp’s revenue was $138.40 million with a gross profit of $138.40 million and an EBITDA of $-27000000. The EBITDA ratio measures Africa Oil Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Africa Oil Corp’s operating margin was -142.78% while its return on assets stood at -12.94% with a return of equity of -6.78%.

In Q4, Africa Oil Corp’s quarterly earnings growth was a positive 16.7% while revenue growth was a negative 39%.

Africa Oil Corp’s PE and PEG Ratio

Forward PE

3.7864

Trailing PE

0

PEG

0

Its diluted EPS in the last 12-months stands at $-0.14 per share while it has a forward price to earnings multiple of 3.7864 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Africa Oil Corp’s profitability.

Africa Oil Corp stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 4.6243. Its price to sales ratio in the trailing 12-months stood at 6.0733.

Africa Oil Corp stock pays annual dividends of $0.05 per share, indicating a yield of 2.42% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$917.70 million

Total Liabilities

$44.50 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Africa Oil Corp ended 2024 with $917.70 million in total assets and $0 in total liabilities. Its intangible assets were valued at $917.70 million while shareholder equity stood at $830.60 million.

Africa Oil Corp ended 2024 with $0 in deferred long-term liabilities, $44.50 million in other current liabilities, in common stock, $-496300000.00 in retained earnings and $0 in goodwill. Its cash balance stood at $199.30 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Africa Oil Corp’s total current assets stands at $201.10 million while long-term investments were $651.00 million and short-term investments were $0. Its net receivables were $1.40 million compared to accounts payable of $0 and inventory worth $0.

In 2024, Africa Oil Corp's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Africa Oil Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.41

52-Week High

$2.65

52-Week Low

$1.4495

Analyst Target Price

$

Africa Oil Corp stock is currently trading at $2.41 per share. It touched a 52-week high of $2.65 and a 52-week low of $2.65. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.28 and 200-day moving average was $2.08 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 1566.3% of the company’s stock are held by insiders while 496.9% are held by institutions.