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$0.52 to C$0.54
• 50-Day Range: C$0.50 to C$0.82
• 52-Week Range: C$0.44 to C$1.35
• Volume: 44,110 shs
• Average Volume: 634,637 shs
• Market Capitalization: C$220.46 million
• P/E Ratio: N/A
• Dividend Yield: 1.71%
• Price Target: C$1.75
• Consensus Rating: Buy

Reconnaissance Energy Africa Stock Analysis - MarketRank™

Reconnaissance Energy Africa scored higher than 47% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Reconnaissance Energy Africa has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on no strong buy ratings, 1 buy rating, no hold ratings, and no sell ratings.

Upside Potential

Reconnaissance Energy Africa has a consensus price target of C$1.75, representing about 230.2% upside from its current price of C$0.53.

Amount of Analyst Coverage

Reconnaissance Energy Africa has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Reconnaissance Energy Africa is -13.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Reconnaissance Energy Africa is -13.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Reconnaissance Energy Africa has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for RECO.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Reconnaissance Energy Africa pays a meaningful dividend of 1.71%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Reconnaissance Energy Africa does not have a long track record of dividend growth.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Reconnaissance Energy Africa has a news sentiment score of 1.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Reconnaissance Energy Africa this week, compared to 1 article on an average week.

Company Ownership

• Score: 0.3 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Reconnaissance Energy Africa insiders have not sold or bought any company stock.

Percentage Held by Insiders

7.17% of the stock of Reconnaissance Energy Africa is held by insiders.

Percentage Held by Institutions

0.13% of the stock of Reconnaissance Energy Africa is held by institutions.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Energy
• Industry: Oil, Gas & Consumable Fuels
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: CVE:RECO
• CIK: N/A
• Web: www.reconafrica.com
• Phone: 604 423 5384
• Fax: N/A
• Employees: 28
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Reconnaissance Energy Africa: C$1.75
• High Price Target: C$1.75
• Low Price Target: C$1.75
• Potential Upside/Downside: +230.2%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Trailing Twelve Months): C($0.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$23.91 million
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -6.71%
• Return on Assets: -8.04%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 5.78
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.13 per share
• Price / Cash Flow: 4.06
• Book Value: C$0.65 per share
• Price / Book: 0.82

Miscellaneous

• Outstanding Shares: 415,963,000
• Free Float: N/A
• Market Cap: C$220.46 million
• Optionable: Not Optionable
• Beta: -0.44