Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.43 and last traded at C$0.43, with a volume of 454743 shares trading hands. The stock had previously closed at C$0.44.
Reconnaissance Energy Africa Stock Down 4.5%
The company has a fifty day moving average price of C$0.56 and a 200 day moving average price of C$0.72. The stock has a market cap of C$102.71 million, a PE ratio of -4.05 and a beta of 1.24.
About Reconnaissance Energy Africa
(
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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.
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