Opinions
Stockchase Insights
Africa Energy Corp
AFE-X
RISKY
Feb 19, 2025
$0.035
Stock price when the opinion was issued
Oil and Gas (Integrated Oils)
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Advertising
AFE is quite small at a $49 mln market-cap and is pre-revenue, so it is not really a company that is on our radar. Operating cash flows are negative but have been improving in recent quarters. It is focused on oil exploration in South Africa and should see a benefit with higher energy prices but momentum over the long-term has not been great here.
Unlock Premium - Try 5i Free