Logo image of RECO.CA

RECONNAISSANCE ENERGY AFRICA (RECO.CA) Stock Price, Quote, News and Overview

TSX-V:RECO - TSX Venture Exchange - CA75624R1082 - Common Stock - Currency: CAD

0.51  +0.01 (+2%)

RECO.CA Quote, Performance and Key Statistics

RECONNAISSANCE ENERGY AFRICA

TSX-V:RECO (3/7/2025, 7:00:00 PM)

0.51

+0.01 (+2%)

Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
GICS IndustryGroupEnergy
GICS SubIndustryOil & Gas Exploration & Production
Statistics
52 Week High1.87
52 Week Low0.43
Market Cap135.48M
Shares265.64M
Float245.64M
Yearly DividendN/A
Dividend YieldN/A
PE1.76
Fwd PEN/A
Earnings (Next)N/A N/A
IPO02-24 1986-02-24


RECO.CA short term performance overview.The bars show the price performance of RECO.CA in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 -20 -40

RECO.CA long term performance overview.The bars show the price performance of RECO.CA in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60 -80

The current stock price of RECO.CA is 0.51 CAD. In the past month the price decreased by -32%. In the past year, price decreased by -54.46%.

RECONNAISSANCE ENERGY AFRICA / RECO Daily stock chart

RECO.CA Latest News, Press Relases and Analysis

News Image
8 months ago - Reconnaissance Energy Africa Ltd.

ReconAfrica Announces C$35 Million Underwritten Offering

The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through...

News Image
a year ago - Reconnaissance Energy Africa Ltd.

ReconAfrica Announces Upsize of Bought-Deal Public Offering to C$15 Million

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 22, 2024 (GLOBE NEWSWIRE) --...

News Image
a year ago - Reconnaissance Energy Africa Ltd.

ReconAfrica Announces C$10 Million Bought-Deal Public Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, March 21, 2024 (GLOBE NEWSWIRE) --...

News Image
8 months ago - Reconnaissance Energy Africa Ltd.

ReconAfrica Announces a Strategic Partnership with BW Energy to Explore Onshore Namibia and Concurrent C$35 Million Overnight Marketed Offering, Led by C$22 Million Strategic Investment from BW Energy

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES CALGARY, Alberta, July 16, 2024 (GLOBE NEWSWIRE) -- Reconnaissance...

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4 years ago - Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

IIROC Trading Resumption - RECO

News Image
4 years ago - Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

IIROC Trading Halt - RECO

News Image
4 years ago - Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

IIROC Trading Resumption - RECO

News Image
4 years ago - Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

IIROC Trading Halt - RECO

RECO.CA Competitors/Peers

The largest stocks on the Canadian markets in the "Oil & Gas Exploration & Production" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
CNQ.CA CANADIAN NATURAL RESOURCES 11.71 85.57B
TOU.CA TOURMALINE OIL CORP 14.38 23.80B
AAV-DB.CA Advantage Energy Ltd 323.48 16.72B
ARX.CA ARC RESOURCES LTD 13.25 14.85B
OVV.CA OVINTIV INC 6.6 14.43B
SGY-DB-B.CA SURGE ENERGY INC N/A 10.34B
PSK.CA PRAIRIESKY ROYALTY LTD 28.81 6.20B
SCR.CA STRATHCONA RESOURCES LTD 9.71 5.87B
MEG.CA MEG ENERGY CORP 12.11 5.86B
WCP.CA WHITECAP RESOURCES INC 6.87 5.49B
VRN.CA VEREN INC 11.21 4.32B
TPZ.CA TOPAZ ENERGY CORP 73.44 3.61B

About RECO.CA

Company Profile

RECO logo image Reconnaissance Energy Africa Ltd. is a Canadian-based junior oil and gas company, which engages in the identification, exploration, and development of oil and gas assets via drilling and acquisition with a focus on Namibia and Botswana. The company is headquartered in Calgary, Alberta and currently employs 27 full-time employees. The firm is engaged in the exploration of the Damara Fold Belt and Kavango Rift Basin in the Kalahari Desert of northeastern Namibia and northwestern Botswana. The firm holds interest in a petroleum exploration license no. 0073 (PEL 73) in northeast Namibia and an interest in petroleum exploration rights in northwest Botswana over the Kavango Sedimentary Basin. The firm's exploration license covers an area of approximately 25,341.33 square kilometers (km2) (6.3 million acres) of oil and/or gas exploration properties comprising Blocks 1719, 1720, 1721, 1819, 1820 and 1821 situated in the Kavango Basin of northeast Namibia (the Namibia Licensed Property) and approximately 7,592 km2 (1.88 million acres) in Botswana (the Botswana Licensed Property). The two licenses together comprise over 32,933 km2 (8 million acres).

Company Info

RECONNAISSANCE ENERGY AFRICA

1250-635 8th Avenue SW

Calgary ALBERTA V7X 1A1 CA

CEO: J. Jay Park

Employees: 27

Company Website: https://reconafrica.com/

Investor Relations: https://reconafrica.com/investors/

Phone: 16043318772

RECONNAISSANCE ENERGY AFRICA / RECO.CA FAQ

What is the stock price of RECONNAISSANCE ENERGY AFRICA today?

The current stock price of RECO.CA is 0.51 CAD. The price increased by 2% in the last trading session.


What is the ticker symbol for RECONNAISSANCE ENERGY AFRICA stock?

The exchange symbol of RECONNAISSANCE ENERGY AFRICA is RECO and it is listed on the TSX Venture Exchange exchange.


On which exchange is RECO.CA stock listed?

RECO.CA stock is listed on the TSX Venture Exchange exchange.


What is the price forecast or stock price prediction for RECONNAISSANCE ENERGY AFRICA stock?

6 analysts have analysed RECO.CA and the average price target is 2.53 CAD. This implies a price increase of 396.66% is expected in the next year compared to the current price of 0.51. Check the RECONNAISSANCE ENERGY AFRICA stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is RECONNAISSANCE ENERGY AFRICA worth?

RECONNAISSANCE ENERGY AFRICA (RECO.CA) has a market capitalization of 135.48M CAD. This makes RECO.CA a Micro Cap stock.


How many employees does RECONNAISSANCE ENERGY AFRICA have?

RECONNAISSANCE ENERGY AFRICA (RECO.CA) currently has 27 employees.


What are the support and resistance levels for RECONNAISSANCE ENERGY AFRICA (RECO.CA) stock?

RECONNAISSANCE ENERGY AFRICA (RECO.CA) has a resistance level at 1. Check the full technical report for a detailed analysis of RECO.CA support and resistance levels.


Should I buy RECONNAISSANCE ENERGY AFRICA (RECO.CA) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does RECONNAISSANCE ENERGY AFRICA (RECO.CA) stock pay dividends?

RECO.CA does not pay a dividend.


What is the Price/Earnings (PE) ratio of RECONNAISSANCE ENERGY AFRICA (RECO.CA)?

The PE ratio for RECONNAISSANCE ENERGY AFRICA (RECO.CA) is 1.76. This is based on the reported non-GAAP earnings per share of 0.29 and the current share price of 0.51 CAD. Check the full fundamental report for a full analysis of the valuation metrics for RECO.CA.


RECO.CA Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

RECO.CA Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to RECO.CA. While RECO.CA has a great health rating, there are worries on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

RECO.CA Financial Highlights

Over the last trailing twelve months RECO.CA reported a non-GAAP Earnings per Share(EPS) of 0.29. The EPS increased by 191.2% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA 31.42%
ROE 32.47%
Debt/Equity 0
Chartmill High Growth Momentum
EPS Q2Q%73.38%
Sales Q2Q%N/A
EPS 1Y (TTM)191.2%
Revenue 1Y (TTM)-100%

RECO.CA Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to RECO.CA. The Buy consensus is the average rating of analysts ratings from 6 analysts.


Ownership
Inst Owners0.24%
Ins Owners0.91%
Short Float %N/A
Short RatioN/A
Analysts
Analysts80
Price Target2.53 (396.08%)
EPS Next YN/A
Revenue Next YearN/A