CVE:RECO Reconnaissance Energy Africa (RECO) Stock Forecast, Price & News C$1.06 +0.02 (+1.92%) (As of 02:47 PM ET) Add Compare Share Share Today's RangeC$1.02▼C$1.0850-Day RangeC$1.04▼C$1.7052-Week RangeC$1.00▼C$5.10Volume104,230 shsAverage Volume165,251 shsMarket CapitalizationC$223.38 millionP/E RatioN/ADividend YieldN/APrice TargetC$8.00 ProfileProfileAnalyst RatingsChartCompetitorsHeadlinesProfileAnalyst RatingsChartCompetitorsHeadlines About Reconnaissance Energy Africa (CVE:RECO) StockReconnaissance 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.Read More RECO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RECO Stock News HeadlinesSeptember 6, 2023 | theglobeandmail.comClosing Bell: Reconnaissance Energy Africa Ltd up on Wednesday (RECO-WT-A)September 5, 2023 | finance.yahoo.comRECONAFRICA ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT WITH INSIDERS OF THE COMPANYSeptember 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 29, 2023 | finance.yahoo.comRECONAFRICA ANNOUNCES APPOINTMENT OF NEW INDEPENDENT DIRECTOR TO ITS BOARD OF DIRECTORSAugust 20, 2023 | theglobeandmail.comClosing Bell: Reconnaissance Energy Africa Ltd down on Friday (RECO-WT-A)August 10, 2023 | theglobeandmail.comClosing Bell: Reconnaissance Energy Africa Ltd up on Tuesday (RECO-WT-A)August 3, 2023 | msn.comReconAfrica appoints hotshot as new CEOAugust 3, 2023 | finance.yahoo.comRECONAFRICA ANNOUNCES NON-BROKERED PRIVATE PLACEMENT WITH OFFICERS AND DIRECTORS AND STOCK OPTION GRANTSeptember 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.comClosing Bell: Reconnaissance Energy Africa Ltd up on Tuesday (RECO)August 1, 2023 | theglobeandmail.comClosing Bell: Reconnaissance Energy Africa Ltd up on Monday (RECO)August 1, 2023 | finance.yahoo.comRECONAFRICA ANNOUNCES NEW CHIEF EXECUTIVE OFFICER AND GENERAL COUNSELJuly 28, 2023 | theglobeandmail.comClosing Bell: Reconnaissance Energy Africa Ltd up on Thursday (RECO-WT-A)July 18, 2023 | finance.yahoo.comRECONAFRICA ANNOUNCES COMPLETION OF $7.5 MILLION OFFERINGJuly 12, 2023 | finance.yahoo.comRECONAFRICA RECEIVES ENVIRONMENTAL CLEARANCE CERTIFICATE TO DRILL 12 NEW WELLS IN THE KAVANGO BASIN, NAMIBIAJune 27, 2023 | finance.yahoo.comRECONAFRICA INCREASES PREVIOUSLY ANNOUNCED OVERNIGHT MARKETED OFFERING TO $6.5 MILLIONJune 27, 2023 | finance.yahoo.comRECONAFRICA PRICES $5 MILLION OVERNIGHT MARKETED OFFERINGJune 26, 2023 | ca.finance.yahoo.comRECONAFRICA ANNOUNCES OVERNIGHT MARKETED OFFERING OF APPROXIMATELY $5 MILLIONJune 26, 2023 | finance.yahoo.comRECONAFRICA ANNOUNCES AN INDEPENDENT 3RD PARTY NATURAL GAS RESOURCE REPORT FOR THE DAMARA FOLD BELT, KAVANGO BASIN NAMIBIAJune 20, 2023 | finance.yahoo.comRECONAFRICA PROVIDES UPDATE ON NAMCOR TRANSACTIONJune 17, 2023 | theglobeandmail.comClosing Bell: Reconnaissance Energy Africa Ltd down on Friday (RECO)June 16, 2023 | msn.comUkraine war: Missiles over Kyiv, Russia struggles to hold territory, Zaporizhzhia under threatJune 14, 2023 | ca.finance.yahoo.comRECO.V - Reconnaissance Energy Africa Ltd.June 5, 2023 | finance.yahoo.comAIEN 2023 AWARDS CEREMONYMay 26, 2023 | finance.yahoo.comRECONAFRICA RESPONDS TO NOTICE OF CIVIL CLAIMMay 19, 2023 | theglobeandmail.comClosing Bell: Reconnaissance Energy Africa Ltd flat on Wednesday (RECO-WT-A)May 19, 2023 | msn.comRussian economy pressured as hundreds more added to US blacklistSee More Headlines Receive RECO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Reconnaissance Energy Africa and its competitors with MarketBeat's FREE daily newsletter. Email Address Industry, Sector and Symbol Stock ExchangeCVE Industry Oil & Gas E&P Sub-IndustryN/A SectorEnergy Current SymbolCVE:RECO CUSIPN/A CIKN/A Webwww.reconafrica.com Phone604 423 5384FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price ForecastC$8.00 High Stock Price ForecastC$8.00 Low Stock Price ForecastC$8.00 Forecasted Upside/Downside+654.7%Consensus Rating Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)C($0.19) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeC$-57,880,000.00 Net MarginsN/A Pretax MarginN/A Return on Equity-57.98% Return on Assets-16.01% Debt Debt-to-Equity RatioN/A Current Ratio0.53 Quick Ratio1.15 Sales & Book Value Annual SalesC$4.10 million Price / Sales54.48 Cash FlowC$0.26 per share Price / Cash Flow4.06 Book ValueC$0.34 per share Price / Book3.12Miscellaneous Outstanding Shares210,740,000Free FloatN/AMarket CapC$223.38 million OptionableNot Optionable Beta1.45 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Craig Arthur-Allan Steinke CPA (Age 66)Exec. Chairman Comp: $781.32kMr. Carlos Javier Escribano CGA (Age 45)CPA, Chief Financial Officer Comp: $324kMr. Brian C. Reinsborough (Age 61)Pres & CEO Ms. Dilek Deniz KubanChief Compliance OfficerMr. Adam B. RubinGen. CounselMs. Diana Janet McQueen (Age 61)Sr. VP, Corp. Communications & Stakeholder Relations Mr. Nicholas Steinsberger (Age 59)Sr. VP of Drilling & Completions Ms. Michelle BorthwickCorp. Sec.More ExecutivesKey CompetitorsGear EnergyTSE:GXEInPlay OilTSE:IPOTouchstone ExplorationTSE:TXPKolibri Global EnergyTSE:KEIYangarra ResourcesTSE:YGRView 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Reconnaissance Energy Africa Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.