African Energy Metals Inc. (NDENF)
African Energy Metals Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.16, up 0.00% on the session, giving a market capitalisation of $4.5M. On trailing twelve-month figures it carries a trailing P/E of 5.43, a net margin of 0.0%. Its beta of 0.71 implies it has historically moved less than the broad market.
Based in Vancouver, Canada, African Energy Metals Inc. operates as a natural resource enterprise. The company's primary focus involves the procurement, advancement, and discovery of mineral deposits within the Democratic Republic of Congo (DRC). It specifically targets energy metals such as copper, cobalt, and lithium. The firm possesses complete ownership of six concessions, spanning 176 square kilometers, situated in the southern DRC. Additionally, it maintains an interest in the Manono project, which contains tin, tantalum, and lithium resources, located in the Tanganyika province's Manono district in the southeastern part of the DRC. Previously known as Central African Gold Inc., the company rebranded to African Energy Metals Inc. in February 2022.
African Energy Metals Inc. is most often compared with the following Basic Materials names: