Africa Energy (TSE:AFE)
:AFE
AFE Stock Chart & Stats
C$0.11
C$0.00(0.00%)
At close: 4:00 PM EST
C$0.11
C$0.00(0.00%)
Day’s Range― - ―
52-Week RangeC$0.04 - C$0.55
Previous CloseN/A
Volume42.00K
Average Volume (3M)13.61K
Market Cap
C$141.35M
Enterprise ValueC$99.48M
Total Cash (Recent Filing)C$3.15M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.48
Next Earnings
May 13, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding479,162,450
10 Day Avg. Volume26,821
30 Day Avg. Volume13,611
Financial Highlights & Ratios
PEG Ratio0.08
Price to Book (P/B)0.85
Price to Sales (P/S)0.00
P/FCF Ratio-18.34
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Low Leverage / Zero DebtZero reported debt in 2025 and generally low leverage provide durable financial flexibility for an exploration company. This reduces interest burden, preserves headroom to support farm-out negotiations or raise project financing, and lowers short-term solvency risk.
Asset-backed, Partner-funded Business ModelA business model that monetizes equity in exploration assets via farm-outs and asset sales is structurally durable for a small upstream player. It lets the company de-risk programs by transferring capex to partners, preserving capital while retaining upside from successful exploration outcomes.
Improving Results In 2025The improvement in reported results in 2025 versus prior years suggests progress toward operational or financial stabilization. A positive trajectory can reflect better cost control, successful non-operating realizations, or effective capital management, improving the odds of reaching self-funding or monetization events.
Bears Say
No Recurring Revenue BaseHaving no demonstrated revenue stream leaves the company dependent on episodic monetization events and partner funding. This structurally increases execution risk, makes planning and reinvestment difficult, and heightens reliance on capital markets and JV partners to fund exploration and retain licenses.
Persistent Negative Operating And Free Cash FlowConsistent negative operating and free cash flows indicate the company is not self-funding its activities. Even with improvement in 2024–2025, ongoing cash burn forces reliance on external capital or farm-outs, constraining timing of drilling/appraisal and increasing dilution or asset-sale risk.
Erosion Of Shareholders' EquityA sustained decline in shareholders' equity weakens the balance-sheet buffer available for exploration cycles. This reduces lending capacity, raises the probability of equity raises or asset disposals under pressure, and signals ongoing value destruction that can impair long-term resilience.
Africa Energy News
AFE FAQ
What was Africa Energy’s price range in the past 12 months?
Africa Energy lowest stock price was C$0.04 and its highest was C$0.55 in the past 12 months.
What is Africa Energy’s market cap?
Africa Energy’s market cap is C$141.35M.
When is Africa Energy’s upcoming earnings report date?
Africa Energy’s upcoming earnings report date is May 13, 2026 which is in 42 days.
How were Africa Energy’s earnings last quarter?
Africa Energy released its earnings results on Mar 25, 2026. The company reported -C$0.014 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.014.
Is Africa Energy overvalued?
According to Wall Street analysts Africa Energy’s price is currently Overvalued.
Does Africa Energy pay dividends?
Africa Energy does not currently pay dividends.
What is Africa Energy’s EPS estimate?
Africa Energy’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Africa Energy have?
Africa Energy has 479,162,450 shares outstanding.
What happened to Africa Energy’s price movement after its last earnings report?
Africa Energy reported an EPS of -C$0.014 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 8.772%.
Which hedge fund is a major shareholder of Africa Energy?
Currently, no hedge funds are holding shares in TSE:AFE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
Africa Energy
Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. It holds a 27.5% participating interest in the Exploration Right for Block 2B offshore that covers an area of 3,062 square kilometers located in the west coast of South Africa; 43.85% interest in the Petroleum Exploration License 37 covering an area of 17,295 square kilometers located in the northern Namibian offshore region; and 49% interest in the Exploration Right for Block 11B/12B covering an area of approximately 19,000 square kilometers located in the Outeniqua Basin off the southern coast of South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp. in March 2015. Africa Energy Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada.
Technical Analysis
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