VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Africa Oil Corp. (AOIFF) on Monday reported a loss of $88.8 million in its fourth quarter.

The Vancouver, British Columbia-based company said it had a loss of 20 cents per share.

For the year, the company reported net income of $87.1 million, or 18 cents per share, swinging to a profit in the period.

In the final minutes of trading on Monday, the company's shares hit $1.68. A year ago, they were trading at $2.13.

_____

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

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News