Africa Oil: 3Q Earnings Snapshot

By The Associated Press

Posted November 13, 2020 5:40 pm.

Last Updated November 13, 2020 5:54 pm.

This article is more than 5 years old.

VANCOUVER, British Columbia (AP) _ Africa Oil Corp. (AOIFF) on Friday reported third-quarter net income of $21.2 million, after reporting a loss in the same period a year earlier.

The Vancouver, British Columbia-based company said it had net income of 4 cents per share.

In the final minutes of trading on Friday, the company’s shares hit 77 cents. A year ago, they were trading at 96 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AOIFF at https://www.zacks.com/ap/AOIFF

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