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Reconnaissance Energy Africa (RECAF)
OTHER OTC:RECAF

Reconnaissance Energy Africa (RECAF) Price & Analysis

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RECAF Stock Chart & Stats

$0.58
-$0.01(-2.22%)
At close: 4:00 PM EDT
$0.58
-$0.01(-2.22%)

Bulls Say, Bears Say

Bulls Say
Debt-Free Balance SheetThe absence of reported debt limits interest and refinancing pressure, giving RECO greater flexibility to fund exploration. However, this strength is partly offset by ongoing losses and the possibility that future funding could dilute shareholders.
Narrowing LossesLosses have narrowed materially over the reported periods, indicating improving cost discipline or lower spending intensity. If sustained, this could extend the company’s funding runway, although RECO remains pre-revenue and unprofitable.
Exploration Asset OptionalityThe Kavango Basin provides several potential routes to value creation beyond near-term production, including partnerships, carried interests, asset sales, and development. Successful exploration could attract industry capital and reduce RECO’s funding burden.
Bears Say
No Operating RevenueRECO has not established a revenue-generating operation, so its financial outlook depends on exploration success rather than recurring customer sales. This makes results highly sensitive to drilling outcomes, permitting, and access to future capital.
Persistent Cash BurnNegative operating and free cash flow show that current activities are not self-funding. Continued exploration therefore consumes capital without established operating inflows, potentially limiting work programs or forcing additional financing over the coming periods.
External Funding DependenceBecause RECO lacks production revenue and continues to burn cash, it may need recurring equity or partner funding to advance its acreage. New equity can dilute existing holders, while delayed financing could slow exploration and value realization.

Reconnaissance Energy Africa News

RECAF FAQ

What was Reconnaissance Energy Africa’s price range in the past 12 months?
Reconnaissance Energy Africa lowest stock price was $0.30 and its highest was $0.99 in the past 12 months.
    What is Reconnaissance Energy Africa’s market cap?
    Reconnaissance Energy Africa’s market cap is $187.20M.
      When is Reconnaissance Energy Africa’s upcoming earnings report date?
      Reconnaissance Energy Africa’s upcoming earnings report date is Dec 01, 2026 which is in 103 days.
        How were Reconnaissance Energy Africa’s earnings last quarter?
        Reconnaissance Energy Africa released its earnings results on Aug 17, 2026. The company reported -$0.008 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
          Is Reconnaissance Energy Africa overvalued?
          According to Wall Street analysts Reconnaissance Energy Africa’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Reconnaissance Energy Africa pay dividends?
            Reconnaissance Energy Africa does not currently pay dividends.
            What is Reconnaissance Energy Africa’s EPS estimate?
            Reconnaissance Energy Africa’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does Reconnaissance Energy Africa have?
            Reconnaissance Energy Africa has 379,973,200 shares outstanding.
              What happened to Reconnaissance Energy Africa’s price movement after its last earnings report?
              Reconnaissance Energy Africa reported an EPS of -$0.008 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went down -11.818%.
                Which hedge fund is a major shareholder of Reconnaissance Energy Africa?
                Currently, no hedge funds are holding shares in RECAF
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  Reconnaissance Energy Africa Stock Smart Score

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                  Neutral
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                  Company Description

                  Reconnaissance Energy Africa

                  Reconnaissance Energy Africa Ltd. is a junior oil and gas company focused on the exploration and development of hydrocarbon potential within Namibia and Botswana. It holds a 90% interest in a petroleum exploration license in Namibia, encompassing approximately 25,341.33 square kilometers. Additionally, the company possesses a 100% working interest in a petroleum license covering 8,990 square kilometers in northwestern Botswana. The firm's headquarters are located in Vancouver, Canada.

                  Reconnaissance Energy Africa (RECAF) Earnings & Revenues

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                  Ownership Overview

                  7.43%0.02%92.55%
                  0.02% Other Institutional Investors
                  92.55% Public Companies and
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