Africa Oil Corp. (OTCMKTS:AOIFF – Get Free Report) shares hit a new 52-week low on Thursday . The stock traded as low as $1.25 and last traded at $1.26, with a volume of 97194 shares changing hands. The stock had previously closed at $1.27.
Africa Oil Stock Down 0.8 %
The company has a market capitalization of $562.31 million, a PE ratio of 9.07 and a beta of 1.00. The stock’s fifty day moving average price is $1.36 and its two-hundred day moving average price is $1.61.
Africa Oil Dividend Announcement
The firm also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 9th were given a $0.025 dividend. The ex-dividend date was Monday, September 9th. Africa Oil’s dividend payout ratio (DPR) is 35.71%.
Africa Oil Company Profile
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria, and development assets in Kenya. It also has a portfolio of exploration and appraisal assets in Namibia, Nigeria, South Africa, and Kenya, as well as Guyana and Senegal Guinea Bissau Joint Development Zone.
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