Africa Oil Corp (AOI) Director Sells C$23,400.00 in Stock

Africa Oil Corp (CVE:AOI) Director Bryan M. Benitz sold 20,000 shares of Africa Oil stock in a transaction dated Tuesday, April 3rd. The shares were sold at an average price of C$1.17, for a total transaction of C$23,400.00.

Shares of CVE AOI opened at C$27.50 on Thursday. Africa Oil Corp has a fifty-two week low of C$9.85 and a fifty-two week high of C$30.70.

A number of equities research analysts recently weighed in on the stock. CSFB cut their price objective on shares of Africa Oil from C$1.80 to C$1.44 in a research note on Tuesday, March 13th. Royal Bank of Canada cut shares of Africa Oil from an “outperform” rating to a “sector perform” rating in a research note on Friday, March 9th.

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