Africa Oil Corp. Hits Day High with Strong 7.06% Intraday Surge

Africa Oil Corp. has experienced a notable increase of 7.06% on November 14, 2025, reaching an intraday high of CAD 1.83. This performance stands in contrast to the S&P/TSX 60, which only saw a modest gain of 0.16% on the same day. Over the past week, Africa Oil Corp. has shown a 2.25% increase, outperforming the S&P/TSX 60's 1.31% rise.
In terms of longer-term performance, Africa Oil Corp. has recorded a 4.6% increase over the past month, while its year-to-date performance remains at -7.61%, significantly lagging behind the S&P/TSX 60's 20.56% gain. Despite a challenging year, the company reported a remarkable net profit growth of 683.86% in the most recent quarter, alongside a substantial operating cash flow of CAD 152.92 million.

With a market capitalization of CAD 1,196 million, Africa Oil Corp. operates within the oil industry and maintains a price-to-earnings ratio of 5.00. The company's return on equity stands at 19.18%, reflecting its operational efficiency in a competitive market.