Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as C$0.74 and last traded at C$0.73, with a volume of 546490 shares traded. The stock had previously closed at C$0.85.
Reconnaissance Energy Africa Price Performance
The company has a 50-day moving average price of C$1.02 and a two-hundred day moving average price of C$1.01. The company has a market cap of C$198.86 million, a PE ratio of 2.14 and a beta of 1.24.
Reconnaissance Energy Africa Company Profile
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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.
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