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Reconnaissance Energy Africa TSXV:RECO Stock Report

Last Price

CA$1.06

Market Cap

CA$281.5m

7D

-11.7%

1Y

21.8%

Updated

03 Dec, 2024

Data

Company Financials

Reconnaissance Energy Africa Ltd.

TSXV:RECO Stock Report

Market Cap: CA$281.5m

Reconnaissance Energy Africa Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Reconnaissance Energy Africa
Historical stock prices
Current Share PriceCA$1.06
52 Week HighCA$1.87
52 Week LowCA$0.76
Beta1.39
11 Month Change11.58%
3 Month Change16.48%
1 Year Change21.84%
33 Year Change-82.90%
5 Year Change135.56%
Change since IPO271.93%

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-11.7%-0.4%0.8%
1Y21.8%17.6%22.3%

Return vs Industry: RECO exceeded the Canadian Oil and Gas industry which returned 17.6% over the past year.

Return vs Market: RECO matched the Canadian Market which returned 22.3% over the past year.

Price Volatility

Is RECO's price volatile compared to industry and market?
RECO volatility
RECO Average Weekly Movement9.9%
Oil and Gas Industry Average Movement6.1%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market3.0%

Stable Share Price: RECO has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: RECO's weekly volatility (10%) has been stable over the past year.

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$281.50m
Earnings (TTM)CA$65.70m
Revenue (TTM)n/a

4.3x

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