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T   14.87 (-1.00%)
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CVE:RECO

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

C$1.06
+0.02 (+1.92%)
(As of 02:47 PM ET)
Compare
Today's Range
C$1.02
▼
C$1.08
50-Day Range
C$1.04
▼
C$1.70
52-Week Range
C$1.00
▼
C$5.10
Volume
104,230 shs
Average Volume
165,251 shs
Market Capitalization
C$223.38 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
C$8.00
ProfileAnalyst RatingsChartCompetitorsHeadlines

RECO stock logo

About Reconnaissance Energy Africa (CVE:RECO) Stock

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

RECO Price History

RECO Stock News Headlines

September 6, 2023 | theglobeandmail.com
Closing Bell: Reconnaissance Energy Africa Ltd up on Wednesday (RECO-WT-A)
September 5, 2023 | finance.yahoo.com
RECONAFRICA ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT WITH INSIDERS OF THE COMPANY
September 27, 2023 | Edge On The Street (Ad)
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Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
August 29, 2023 | finance.yahoo.com
RECONAFRICA ANNOUNCES APPOINTMENT OF NEW INDEPENDENT DIRECTOR TO ITS BOARD OF DIRECTORS
August 20, 2023 | theglobeandmail.com
Closing Bell: Reconnaissance Energy Africa Ltd down on Friday (RECO-WT-A)
August 10, 2023 | theglobeandmail.com
Closing Bell: Reconnaissance Energy Africa Ltd up on Tuesday (RECO-WT-A)
August 3, 2023 | msn.com
ReconAfrica appoints hotshot as new CEO
August 3, 2023 | finance.yahoo.com
RECONAFRICA ANNOUNCES NON-BROKERED PRIVATE PLACEMENT WITH OFFICERS AND DIRECTORS AND STOCK OPTION GRANT
September 27, 2023 | Edge On The Street (Ad)
Is Gold Really Boring?
Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.
August 2, 2023 | theglobeandmail.com
Closing Bell: Reconnaissance Energy Africa Ltd up on Tuesday (RECO)
August 1, 2023 | theglobeandmail.com
Closing Bell: Reconnaissance Energy Africa Ltd up on Monday (RECO)
August 1, 2023 | finance.yahoo.com
RECONAFRICA ANNOUNCES NEW CHIEF EXECUTIVE OFFICER AND GENERAL COUNSEL
July 28, 2023 | theglobeandmail.com
Closing Bell: Reconnaissance Energy Africa Ltd up on Thursday (RECO-WT-A)
July 18, 2023 | finance.yahoo.com
RECONAFRICA ANNOUNCES COMPLETION OF $7.5 MILLION OFFERING
July 12, 2023 | finance.yahoo.com
RECONAFRICA RECEIVES ENVIRONMENTAL CLEARANCE CERTIFICATE TO DRILL 12 NEW WELLS IN THE KAVANGO BASIN, NAMIBIA
June 27, 2023 | finance.yahoo.com
RECONAFRICA INCREASES PREVIOUSLY ANNOUNCED OVERNIGHT MARKETED OFFERING TO $6.5 MILLION
June 27, 2023 | finance.yahoo.com
RECONAFRICA PRICES $5 MILLION OVERNIGHT MARKETED OFFERING
June 26, 2023 | ca.finance.yahoo.com
RECONAFRICA ANNOUNCES OVERNIGHT MARKETED OFFERING OF APPROXIMATELY $5 MILLION
June 26, 2023 | finance.yahoo.com
RECONAFRICA ANNOUNCES AN INDEPENDENT 3RD PARTY NATURAL GAS RESOURCE REPORT FOR THE DAMARA FOLD BELT, KAVANGO BASIN NAMIBIA
June 20, 2023 | finance.yahoo.com
RECONAFRICA PROVIDES UPDATE ON NAMCOR TRANSACTION
June 17, 2023 | theglobeandmail.com
Closing Bell: Reconnaissance Energy Africa Ltd down on Friday (RECO)
June 16, 2023 | msn.com
Ukraine war: Missiles over Kyiv, Russia struggles to hold territory, Zaporizhzhia under threat
June 14, 2023 | ca.finance.yahoo.com
RECO.V - Reconnaissance Energy Africa Ltd.
June 5, 2023 | finance.yahoo.com
AIEN 2023 AWARDS CEREMONY
May 26, 2023 | finance.yahoo.com
RECONAFRICA RESPONDS TO NOTICE OF CIVIL CLAIM
May 19, 2023 | theglobeandmail.com
Closing Bell: Reconnaissance Energy Africa Ltd flat on Wednesday (RECO-WT-A)
May 19, 2023 | msn.com
Russian economy pressured as hundreds more added to US blacklist
See More Headlines
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Industry, Sector and Symbol

Stock Exchange
CVE
Industry
Oil & Gas E&P
Sub-Industry
N/A
Sector
Energy
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

Price Target and Rating

Average Stock Price Forecast
C$8.00
High Stock Price Forecast
C$8.00
Low Stock Price Forecast
C$8.00
Forecasted Upside/Downside
+654.7%
Consensus Rating
Rating Score (0-4)
0.00
Research Coverage
0 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C($0.19)
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
C$-57,880,000.00
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
-57.98%
Return on Assets
-16.01%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
0.53
Quick Ratio
1.15

Sales & Book Value

Annual Sales
C$4.10 million
Price / Sales
54.48
Cash Flow
C$0.26 per share
Price / Cash Flow
4.06
Book Value
C$0.34 per share
Price / Book
3.12

Miscellaneous

Outstanding Shares
210,740,000
Free Float
N/A
Market Cap
C$223.38 million
Optionable
Not Optionable
Beta
1.45
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Key Executives

  • Mr. Craig Arthur-Allan Steinke CPA (Age 66)
    Exec. Chairman
    Comp: $781.32k
  • Mr. Carlos Javier Escribano CGA (Age 45)
    CPA, Chief Financial Officer
    Comp: $324k
  • Mr. Brian C. Reinsborough (Age 61)
    Pres & CEO
  • Ms. Dilek Deniz Kuban
    Chief Compliance Officer
  • Mr. Adam B. Rubin
    Gen. Counsel
  • Ms. Diana Janet McQueen (Age 61)
    Sr. VP, Corp. Communications & Stakeholder Relations
  • Mr. Nicholas Steinsberger (Age 59)
    Sr. VP of Drilling & Completions
  • Ms. Michelle Borthwick
    Corp. Sec.

Key Competitors

View All Competitors













RECO Stock - Frequently Asked Questions

What is Reconnaissance Energy Africa's stock price forecast for 2023?

0 brokerages have issued twelve-month target prices for Reconnaissance Energy Africa's shares. Their RECO share price forecasts range from C$8.00 to C$8.00. On average, they anticipate the company's stock price to reach C$8.00 in the next year. This suggests a possible upside of 654.7% from the stock's current price.
View analysts price targets for RECO or view top-rated stocks among Wall Street analysts.

How have RECO shares performed in 2023?

Reconnaissance Energy Africa's stock was trading at C$1.26 on January 1st, 2023. Since then, RECO stock has decreased by 15.9% and is now trading at C$1.06.
View the best growth stocks for 2023 here.

What is Reconnaissance Energy Africa's stock symbol?

Reconnaissance Energy Africa trades on the Canadian Venture Exchange (CVE) under the ticker symbol "RECO."

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.
Compare Top Brokerages Here.

What is Reconnaissance Energy Africa's stock price today?

One share of RECO stock can currently be purchased for approximately C$1.06.

How much money does Reconnaissance Energy Africa make?

Reconnaissance Energy Africa (CVE:RECO) has a market capitalization of C$223.38 million and generates C$4.10 million in revenue each year. The company earns C$-57,880,000.00 in net income (profit) each year or C($0.19) on an earnings per share basis.

How can I contact Reconnaissance Energy Africa?

Reconnaissance Energy Africa's mailing address is PO Box 48326 Bentall, Vancouver, BC V7X 1A1, Canada, . The official website for the company is www.reconafrica.com. The company can be reached via phone at 604 423 5384.

This page (CVE:RECO) was last updated on 9/27/2023 by MarketBeat.com Staff

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