African Pioneer (LON:AFP) Announces Earnings Results

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

African Pioneer Trading Down 4.6%

AFP opened at GBX 2.19 on Friday. African Pioneer has a 52 week low of GBX 0.70 and a 52 week high of GBX 3.60. 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 business has a fifty day simple moving average of GBX 2.21 and a 200-day simple moving average of GBX 1.48. The firm has a market cap of £11.56 million, a P/E ratio of -9.54 and a beta of 0.91.

About African Pioneer

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.