African Pioneer (LON:AFP) Posts Earnings Results

African Pioneer (LON:AFP) posted its earnings results on Wednesday. The company reported GBX (0.05) earnings per share (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 Stock Down 3.5%

Shares of African Pioneer stock opened at GBX 2.32 on Wednesday. The company has a current ratio of 0.04, a quick ratio of 3.94 and a debt-to-equity ratio of 1.32. African Pioneer has a 12-month low of GBX 0.70 and a 12-month high of GBX 3.60. The company has a market cap of £12.20 million, a P/E ratio of -10.07 and a beta of 0.91. The company’s fifty day simple moving average is GBX 2.16 and its two-hundred day simple moving average is GBX 1.47.

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.