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RECO Stock Chart & Stats
C$0.70
-C$0.03(-3.05%)
At close: 4:00 PM EDT
C$0.70
-C$0.03(-3.05%)
Day’s Range― - ―
52-Week RangeC$0.42 - C$1.35
Previous CloseN/A
Volume206.78K
Average Volume (3M)528.58K
Market Cap
C$226.08M
Enterprise ValueC$382.66M
Total Cash (Recent Filing)C$24.24M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.25
Next Earnings
Dec 01, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding379,973,200
10 Day Avg. Volume366,624
30 Day Avg. Volume528,578
Financial Highlights & Ratios
PEG Ratio0.37
Price to Book (P/B)1.39
Price to Sales (P/S)0.00
P/FCF Ratio-6.40
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Bulls Say, Bears Say
Bulls Say
Debt-free Balance SheetThe absence of reported debt reduces fixed financial obligations and near-term solvency pressure while the higher equity base supports continued exploration funding. This gives RECO more flexibility to advance its acreage and manage funding needs than a similarly loss-making company with material leverage.
Narrowing LossesAlthough RECO remains unprofitable, the substantial reduction in annual and trailing losses indicates improving cost discipline or lower expense intensity. If maintained, this trend could extend the company’s funding runway and reduce the amount of capital required to sustain exploration over coming periods.
Large-scale Exploration OptionalityRECO’s strategy provides several possible routes to convert exploration success into value, including partnering, asset monetization and eventual production. Its focus on the Kavango Basin gives the company a defined regional platform where successful geological evaluation could materially improve project economics and strategic relevance.
Bears Say
No Operating RevenueWith no meaningful operating revenue, RECO cannot currently fund its activities through customer or production receipts. The business therefore depends on exploration outcomes and transactions to create value, leaving earnings quality weak and making future financial performance highly contingent on proving commercial resources.
Persistent Cash BurnSustained negative operating and free cash flow shows that RECO’s current activities are not self-funding and require substantial ongoing investment. Continued cash consumption can constrain the pace of exploration, increase financing requirements, and reduce flexibility if drilling or evaluation programs take longer than expected.
External Funding And Dilution RiskReliance on outside capital remains a structural weakness because exploration spending must continue before revenue or production is established. Repeated equity financing could dilute existing shareholders, while difficulty obtaining funds could force slower work programs or limit RECO’s ability to advance its licenses.
RECO FAQ
What was Reconnaissance Energy Africa’s price range in the past 12 months?
Reconnaissance Energy Africa lowest stock price was C$0.42 and its highest was C$1.35 in the past 12 months.
What is Reconnaissance Energy Africa’s market cap?
Reconnaissance Energy Africa’s market cap is C$226.08M.
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 50 days.
How were Reconnaissance Energy Africa’s earnings last quarter?
Reconnaissance Energy Africa released its earnings results on Aug 17, 2026. The company reported -C$0.011 earnings per share for the quarter.
Is Reconnaissance Energy Africa overvalued?
According to Wall Street analysts Reconnaissance Energy Africa’s price is currently Overvalued.
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 -C$0.011 in its last earnings report. Following the earnings report the stock price went down -10.526%.
Which hedge fund is a major shareholder of Reconnaissance Energy Africa?
Currently, no hedge funds are holding shares in TSE:RECO
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
Underperform
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10
Technicals
SMA
Negative
20 days / 200 days
Momentum
19.00%
12-Months-Change
Fundamentals
Return on Equity
-6.71%
Trailing 12-Months
Asset Growth
28.52%
Trailing 12-Months
Learn more about TipRanks Smart Score
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.
Technical Analysis
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