Reconnaissance Energy Africa Ltd.

TSXV:RECO Stock Report

Market Cap: CA$272.2m

Reconnaissance Energy Africa Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

TSXV:RECO Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
31 Jul 24BuyCA$20,000Diana McQueenIndividual16,000CA$1.25
31 Jul 24BuyCA$12,500Donald HarderIndividual10,000CA$1.25
31 Jul 24BuyCA$22,000,001Sohmen Family FoundationCompany17,600,000CA$1.25
03 Apr 24BuyCA$47,610Nicholas SteinsbergerIndividual52,900CA$0.90
26 Mar 24BuyCA$9,082Grayson AndersenIndividual10,500CA$0.86

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of RECO?
Owner TypeNumber of SharesOwnership Percentage
Institutions61,7000.0232%
Individual Insiders2,523,0780.95%
Private Companies18,054,2506.8%
General Public244,928,15592.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 26%.

Top Shareholders

Top 15 shareholders own 7.77% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
6.63%
Sohmen Family Foundation
17,600,000CA$18.0m0%no data
0.34%
Brian Reinsborough
892,857CA$915.2k0%no data
0.3%
Nicholas Steinsberger
802,900CA$823.0k0%no data
0.17%
Reconnaissance Energy Corp.
454,250CA$465.6k0%no data
0.096%
Dilek Kuban
255,721CA$262.1k64.2%no data
0.057%
Christopher Sembritzky
151,100CA$154.9k0%no data
0.05%
Adam Rubin
134,000CA$137.4k0%no data
0.049%
Joseph Davis
130,000CA$133.2k0%no data
0.045%
Carlos Escribano
120,000CA$123.0k0%no data
0.015%
First National Trust Company
40,000CA$41.0k0%no data
0.0079%
WesBanco Investment Department
21,000CA$21.5k5%no data
0.006%
Diana McQueen
16,000CA$16.4k0%no data
0.004%
Grayson Andersen
10,500CA$10.8k0%no data
0.0038%
Donald Harder
10,000CA$10.3k0%no data
0.00026%
ORG Partners LLC
700CA$707.70%no data

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/29 17:15
End of Day Share Price 2024/12/27 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 here.

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 .

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.