Africa Energy Corp. (OTCMKTS:HPMCF – Get Rating) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totalling 54,400 shares, a growth of 11.5% from the March 15th total of 48,800 shares. Based on an average trading volume of 16,200 shares, the days-to-cover ratio is presently 3.4 days.
Africa Energy Price Performance
Shares of OTCMKTS:HPMCF opened at $0.12 on Friday. Africa Energy has a 1 year low of $0.11 and a 1 year high of $0.29. The stock's fifty day moving average price is $0.12 and its 200-day moving average price is $0.16.
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Africa Energy Corp. engages in the acquisition, exploration, and production of oil and gas properties. It also operates a portfolio of exploration and production assets in Namibia and South Africa. The company was founded on April 27, 2010 and is headquartered in Vancouver, Canada.
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