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Reconnaissance Energy Africa (CVE:RECO) Stock Price Down 1.1% - What's Next?

Reconnaissance Energy Africa logo with Energy background

Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report) shares traded down 1.1% during trading on Tuesday . The stock traded as low as C$0.44 and last traded at C$0.44. 266,328 shares changed hands during mid-day trading, a decline of 14% from the average session volume of 310,408 shares. The stock had previously closed at C$0.45.

Reconnaissance Energy Africa Trading Down 1.1%

The company has a market cap of C$107.60 million, a price-to-earnings ratio of -4.24 and a beta of 1.24. The firm has a 50-day moving average price of C$0.50 and a 200 day moving average price of C$0.62.

About Reconnaissance Energy Africa

(Get Free Report)

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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