Reconnaissance Energy Africa (RECO) Stock Price, News & Analysis

Company Overview

Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 square kilometer located in Namibia; and 100% working interest in a petroleum license, which covers an area of 8,990 square kilometer located in northwestern Botswana. Reconnaissance Energy Africa Ltd. is headquartered in Vancouver, Canada.

Key Stats

• Today's Range: C$0.89 to C$0.91
• 50-Day Range: C$0.89 to C$1.07
• 52-Week Range: C$0.76 to C$1.87
• Volume: 234,559 shs
• Average Volume: 305,881 shs
• Market Capitalization: C$238.63 million
• P/E Ratio: 2.57
• Dividend Yield: 1.71%
• Price Target: N/A
• Consensus Rating: N/A

RECO Stock Analysis - Frequently Asked Questions

How have RECO shares performed this year?

Reconnaissance Energy Africa's stock was trading at C$1.05 at the start of the year. Since then, RECO stock has decreased by 14.3% and is now trading at C$0.90.
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How do I buy shares of Reconnaissance Energy Africa?

Shares of RECO stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Reconnaissance Energy Africa own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Reconnaissance Energy Africa investors own include Meta Platforms (META), Micron Technology (MU), ARC Resources (ARX), NVIDIA (NVDA), CGX Energy (OYL), Enbridge (ENB) and Allegiant Travel (ALGT).

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: N/A
• Current Symbol: CVE:RECO
• CUSIP: N/A
• CIK: N/A
• Web: www.reconafrica.com
• Phone: 604 423 5384
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): C$0.35
• Trailing P/E Ratio: 2.54
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$63.44 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: 57.23%
• Return on Assets: -8.04%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.26
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: C$4.97 million
• Price / Sales: 47.48
• Cash Flow: C$0.22 per share
• Price / Cash Flow: 4.06
• Book Value: C$0.66 per share
• Price / Book: 1.35

Miscellaneous

• Outstanding Shares: 265,140,000
• Free Float: N/A
• Market Cap: C$235.97 million
• Optionable: Not Optionable
• Beta: 1.24