Reconnaissance Energy Africa (TSE:RECO)
:RECO
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RECO Stock Chart & Stats
C$0.86
-C$0.03(-2.78%)
At close: 4:00 PM EST
C$0.86
-C$0.03(-2.78%)
Day’s Range― - ―
52-Week RangeC$0.40 - C$1.35
Previous CloseN/A
Volume183.78K
Average Volume (3M)794.88K
Market Cap
C$435.71M
Enterprise ValueC$411.33M
Total Cash (Recent Filing)C$30.33M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta0.84
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.04
Shares Outstanding378,881,700
10 Day Avg. Volume597,998
30 Day Avg. Volume794,885
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 SheetA zero-debt capital structure with ~ $245.1M equity versus ~$249.9M assets materially lowers near-term solvency risk for an exploration company. This balance-sheet flexibility supports staged seismic/drill programs, makes the company more attractive for farm-outs or JV funding, and reduces the likelihood of distress-driven disposals while exploration continues.
Clear Exploration Monetization PathwaysA defined exploration-stage model focused on de-risking acreage and monetizing via farm-outs, asset sales, or progressing discoveries to production aligns incentives to lower technical risk before heavy capex. This model enables partner-funded work programs, staged capital deployment, and multiple exit options that preserve upside while limiting sole-operator funding burden over the medium term.
Improving Cash-burn TrendTTM free cash flow improved versus 2024, suggesting better capital efficiency and reduced absolute cash burn. A declining burn rate lengthens runway for exploration activity, lowers the immediacy of financing needs, and provides management more flexibility to pursue seismic, appraisal, or farm-out negotiations without forced bargain sales.
Bears Say
No Operating RevenueAbsence of operating revenue means the company has not yet converted exploration into commercial production. Without producing cash flows, margins and profitability remain theoretical, making funding of ongoing exploration dependent on equity raises, partner contributions, or asset transactions, which can dilute shareholders and expose the timetable to external capital availability.
Sustained Negative Cash FlowNegative operating and free cash flow indicate ongoing cash burn to support operations and investment. Persistent outflows pressure liquidity and force reliance on capital markets or JV funding. If market conditions tighten or partner appetite falls, the company may need to cut activity, dilute equity, or defer value-accretive programs, slowing de-risking.
Recurring Net LossesAlthough losses narrowed versus 2024, recurring multi-year net losses and a negative ROE (~-7%) underscore that profitability remains distant. Continued losses reflect high exploration cost intensity and long lead times to monetization; this extends dependency on external capital and increases execution risk before the company can generate sustainable earnings.
RECO FAQ
What was Reconnaissance Energy Africa’s price range in the past 12 months?
Reconnaissance Energy Africa lowest stock price was C$0.40 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$435.71M.
When is Reconnaissance Energy Africa’s upcoming earnings report date?
Reconnaissance Energy Africa’s upcoming earnings report date is Aug 31, 2026 which is in 83 days.
How were Reconnaissance Energy Africa’s earnings last quarter?
Currently, no data Available
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 378,881,700 shares outstanding.
What happened to Reconnaissance Energy Africa’s price movement after its last earnings report?
Currently, no data Available
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
Neutral
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Technicals
SMA
Negative
20 days / 200 days
Momentum
-53.36%
12-Months-Change
Fundamentals
Return on Equity
-6.97%
Trailing 12-Months
Asset Growth
30.23%
Trailing 12-Months
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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Options Prices
Currently, No data available
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