Shares of Africa Energy Corp. (OTCMKTS:HPMCF – Get Free Report) were up 27% during trading on Thursday . The stock traded as high as $0.14 and last traded at $0.14. Approximately 125 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 70,415 shares. The stock had previously closed at $0.11.
Africa Energy Stock Up 27.0%
The firm’s 50 day simple moving average is $0.07 and its 200 day simple moving average is $0.04.
Africa Energy Company Profile
Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. The company focuses on potential gas condensate development on Block 11B/12B offshore in South Africa. It holds interest in the Block 2B offshore the Republic of South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp.
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