Africa Energy (OTCMKTS:HPMCF) Shares Up 9.6% – Time to Buy?

Shares of Africa Energy Corp. (OTCMKTS:HPMCFGet Free Report) traded up 9.6% during trading on Friday . The stock traded as high as $0.11 and last traded at $0.11. 200 shares were traded during trading, a decline of 98% from the average session volume of 11,667 shares. The stock had previously closed at $0.10.

Africa Energy Stock Performance

The firm’s fifty day simple moving average is $0.09 and its 200 day simple moving average is $0.05.

Africa Energy Company Profile

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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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