Africa Oil Corp (CVE:AOI) reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$1.65 and last traded at C$1.66, with a volume of 10,636 shares changing hands. The stock had previously closed at C$1.70.

The company’s market cap is $757.98 million. The stock’s 50 day moving average price is $1.79 and its 200-day moving average price is $2.00.

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Africa Oil Corp Company Profile

Africa Oil Corp. (AOC) is a Canada-based international oil and gas exploration and development company. The Company has oil and gas interests in Kenya, Ethiopia, Puntland (Somalia), and Mali. The Company has acquired and commenced exploration activities on multiple exploration Blocks in East Africa. The Company holds exploration acreage of over 300,000 square kilometers (gross) in the exploration play fairway.

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