Africa Energy (TSE:AFE)
:AFE
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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$0.10 - C$0.55
Previous CloseN/A
Volume42.00K
Average Volume (3M)13.61K
Market Cap
C$91.04M
Enterprise ValueC$71.94M
Total Cash (Recent Filing)C$2.73M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.26
Next Earnings
Aug 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
Zero Financial LeverageReported zero debt in 2025 and TTM yields low financial leverage, reducing fixed interest obligations and distress risk. For an exploration firm that consumes cash, no debt preserves flexibility to pursue asset sales, farm-outs or equity raises on better terms over the coming months.
Tangible Equity CushionA roughly $40M equity base provides a material balance-sheet buffer to absorb ongoing losses and fund near-term exploration activity. This cushion supports operational continuity, underpins counterparty confidence, and aids structuring of joint ventures typical in E&P finance.
Reduced Cash Burn Vs Prior YearsFree cash flow and operating cash flow have narrowed materially from peak-loss years (e.g., 2022 FCF ≈ -11.3M to TTM ≈ -2.1M). A sustained decline in outflows lengthens runway, reduces near-term financing frequency and improves the company's ability to execute exploration programs with less dilution.
Bears Say
No Reported RevenueThe absence of revenue across periods means the company lacks internally generated cash to sustain operations or validate commercial production. For an E&P explorer, this structural lack of income forces ongoing reliance on external capital or asset monetization, limiting self-sufficiency and strategic optionality.
Persistent Negative Cash FlowOperating cash flow remains negative in every reported period and free cash flow is also negative. Persistent cash deficits steadily draw down reserves, necessitating capital raises or asset sales, which increases dilution risk and constrains the firm's ability to fund sustained exploration or follow-up development activity.
Eroded Equity And Past Large LossesEquity has declined materially from earlier levels and the company recorded very large net losses in 2023–2024. That history indicates susceptibility to episodic large write-downs or financing-driven dilution, raising the risk that future adverse outcomes could again sharply weaken the balance sheet and investor positioning.
Africa Energy News
AFE FAQ
What was Africa Energy’s price range in the past 12 months?
Africa Energy lowest stock price was C$0.10 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$91.04M.
When is Africa Energy’s upcoming earnings report date?
Africa Energy’s upcoming earnings report date is Aug 13, 2026 which is in 62 days.
How were Africa Energy’s earnings last quarter?
Africa Energy released its earnings results on May 14, 2026. The company reported C$0 earnings per share for the quarter, the consensus estimate of N/A by C$0.
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 in its last earnings report, expectations of N/A. Following the earnings report the stock price went up 8.108%.
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. functions as an oil and natural gas exploration and production enterprise, with primary operations in South Africa and Namibia. The company possesses a 27.5% ownership in the offshore Block 2B Exploration Right, a property spanning 3,062 square kilometers situated off South Africa's western coast. Furthermore, it maintains a 43.85% interest in Petroleum Exploration License 37, which covers an expanse of 17,295 square kilometers in Namibia's northern offshore territory. A 49% stake is also held in the Block 11B/12B Exploration Right, encompassing roughly 19,000 square kilometers within the Outeniqua Basin, off the southern South African coastline. The entity was formerly known as Horn Petroleum Corporation before adopting the name Africa Energy Corp. in March 2015. Founded in 2010, its headquarters are located in Vancouver, Canada.
Technical Analysis
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