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Reconnaissance Energy Africa TSXV:RECO Stock Report

Last Price

CA$0.75

Market Cap

CA$212.5m

7D

-23.1%

1Y

-40.0%

Updated

06 Feb, 2025

Data

Company Financials

Reconnaissance Energy Africa Ltd.

TSXV:RECO Stock Report

Market Cap: CA$212.5m

My Notes

Capture your thoughts, links and company narrative

Reconnaissance Energy Africa Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Reconnaissance Energy Africa
Historical stock prices
Current Share PriceCA$0.75
52 Week HighCA$1.87
52 Week LowCA$0.64
Beta1.29
1 Month Change-30.23%
3 Month Change-27.88%
1 Year Change-40.00%
3 Year Change-88.57%
5 Year Change1.35%
Change since IPO163.16%

Recent News & Updates

Recent updates

Reconnaissance Energy Africa (CVE:RECO) Is In A Good Position To Deliver On Growth Plans

May 28
Reconnaissance Energy Africa (CVE:RECO) Is In A Good Position To Deliver On Growth Plans

We Think Reconnaissance Energy Africa (CVE:RECO) Can Afford To Drive Business Growth

Feb 07
We Think Reconnaissance Energy Africa (CVE:RECO) Can Afford To Drive Business Growth

Companies Like Reconnaissance Energy Africa (CVE:RECO) Are In A Position To Invest In Growth

Mar 01
Companies Like Reconnaissance Energy Africa (CVE:RECO) Are In A Position To Invest In Growth

Shareholder Returns

RECOCA Oil and GasCA Market
7D-23.1%-2.2%-0.9%
1Y-40.0%17.3%18.4%

Return vs Industry: RECO underperformed the Canadian Oil and Gas industry which returned 18.4% over the past year.

Return vs Market: RECO underperformed the Canadian Market which returned 18% over the past year.

Price Volatility

Is RECO's price volatile compared to industry and market?
RECO volatility
RECO Average Weekly Movement15.2%
Oil and Gas Industry Average Movement7.1%
Market Average Movement8.6%
10% most volatile stocks in CA Market18.5%
10% least volatile stocks in CA Market3.0%

Stable Share Price: RECO's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: RECO's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a27Brian Reinsboroughwww.reconafrica.com

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.

Reconnaissance Energy Africa Ltd. Fundamentals Summary

How do Reconnaissance Energy Africa's earnings and revenue compare to its market cap?
RECO fundamental statistics
Market capCA$212.45m
Earnings (TTM)CA$65.70m
Revenue (TTM)n/a

3.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RECO income statement (TTM)
RevenueCA$0
Cost of RevenueCA$159.91k
Gross Profit-CA$159.91k
Other Expenses-CA$65.86m
EarningsCA$65.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.25
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did RECO perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 02:06
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Reconnaissance Energy Africa Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Christopher JonesHaywood Securities Inc.