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Reconnaissance Energy Africa TSXV:RECO Stock Report

Last Price

CA$1.10

Market Cap

CA$264.7m

7D

-5.2%

1Y

0%

Updated

22 May, 2024

Data

Company Financials

Reconnaissance Energy Africa Ltd.

TSXV:RECO Stock Report

Market Cap: CA$264.7m

RECO Stock Overview

A junior oil and gas company, engages in exploration and development of oil and gas potential in Namibia and Botswana.

RECO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

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$1.10
52 Week HighCA$1.82
52 Week LowCA$0.76
Beta1.38
1 Month Change30.95%
3 Month Change-8.33%
1 Year Change0%
3 Year Change-87.27%
5 Year Changen/a
Change since IPO285.96%

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-5.2%1.8%1.2%
1Y0%21.5%11.8%

Return vs Industry: RECO underperformed the Canadian Oil and Gas industry which returned 21.5% over the past year.

Return vs Market: RECO underperformed the Canadian Market which returned 11.8% over the past year.

Price Volatility

Is RECO's price volatile compared to industry and market?
RECO volatility
RECO Average Weekly Movement11.6%
Oil and Gas Industry Average Movement6.6%
Market Average Movement8.9%
10% most volatile stocks in CA Market17.9%
10% least volatile stocks in CA Market2.9%

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

Volatility Over Time: RECO's weekly volatility (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aBrian Reinsboroughwww.reconafrica.com

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.

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$264.74m
Earnings (TTM)CA$33.60m
Revenue (TTM)CA$4.97m

7.5x

P/E Ratio

51.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
RECO income statement (TTM)
RevenueCA$4.97m
Cost of RevenueCA$2.94m
Gross ProfitCA$2.03m
Other Expenses-CA$31.57m
EarningsCA$33.60m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin40.79%
Net Profit Margin676.53%
Debt/Equity Ratio0%

How did RECO perform over the long term?

See historical performance and comparison
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