Africa Oil: Q1 Earnings Snapshot

VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Africa Oil Corp. (AOIFF) on Wednesday reported net income of $3.5 million in its first quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had net income of 1 cent.

In the final minutes of trading on Wednesday, the company's shares hit $1.76. A year ago, they were trading at $2.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AOIFF at https://www.zacks.com/ap/AOIFF