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ECAOF - Africa Oil: Too Cheap To Ignore
May, 18 2021 04:15 PM
Eco Oil & Gas Ltd
Africa Oil Corp. released extremely encouraging quarterly earnings, but the market was blasé. Even only considering the deepwater Nigerian assets, Africa Oil is deeply undervalued. The downside risk appears to have been priced in, while the next quarter will likely be even better. The risk-reward profile seems asymmetrical and advantageous to patient investors. For further details see:
Africa Oil: Too Cheap To Ignore
Stock Information
Company Name:
Eco Oil & Gas Ltd
Stock Symbol:
ECAOF
Market:
OTC
Website:
ecooilandgas.com
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