Reconnaissance Energy Africa Ltd. (CVE:RECO - Get Free Report) traded up 11.3% during trading on Monday . The company traded as high as C$0.60 and last traded at C$0.59. 93,220 shares changed hands during trading, a decline of 73% from the average session volume of 350,982 shares. The stock had previously closed at C$0.53.
Reconnaissance Energy Africa Stock Performance
The company's fifty day moving average price is C$0.74 and its two-hundred day moving average price is C$0.91. The firm has a market capitalization of C$136.94 million, a PE ratio of -5.39 and a beta of 1.24.
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
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
