Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.63 and last traded at C$0.63, with a volume of 136387 shares changing hands. The stock had previously closed at C$0.67.
Reconnaissance Energy Africa Stock Performance
The company has a market capitalization of C$156.50 million, a price-to-earnings ratio of -6.17 and a beta of 1.24. The firm has a 50-day simple moving average of C$0.93 and a two-hundred day simple moving average of C$0.98.
Reconnaissance Energy Africa Company Profile
(
Get Free Report)
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.
Further Reading
Before you consider Reconnaissance Energy Africa, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Reconnaissance Energy Africa wasn't on the list.
While Reconnaissance Energy Africa currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
