African Pioneer (LON:AFP) Posts Quarterly Earnings Results

African Pioneer (LON:AFP) released its earnings results on Wednesday. The company reported GBX (0.05) EPS for the quarter, Digital Look Earnings reports. African Pioneer had a negative net margin of 2,039.11% and a negative return on equity of 15.66%.

African Pioneer Price Performance

Shares of AFP stock opened at GBX 2.32 on Wednesday. The business’s fifty day moving average is GBX 2.16 and its 200 day moving average is GBX 1.47. The company has a quick ratio of 3.94, a current ratio of 0.04 and a debt-to-equity ratio of 1.32. The stock has a market cap of £12.20 million, a price-to-earnings ratio of -10.07 and a beta of 0.91. African Pioneer has a twelve month low of GBX 0.70 and a twelve month high of GBX 3.60.

African Pioneer Company Profile

African Pioneer PLC, together with its subsidiaries, explores for, and develops base metals in Zambia, Namibia, and Botswana. It focuses on exploration of base and precious metals, including but not limited to copper, nickel, lead, gold, and zinc. The company holds 100% interest in Kalahari Copper Belt and Limpopo Mobile Belt Projects located in Botawana; 70% interest in Ongombo and Ongeama Project located in Namibia; and holds 100% interest in Central African Copperbelt, and Zambezi Belt Copper and Gold project located in Zambia.