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$388.81M
Enterprise ValueC$379.85M
Total Cash (Recent Filing)C$3.29M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta0.79
Next Earnings
Jun 02, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding377,482,600
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
Balance Sheet StrengthZero reported debt and rising equity provide durable financial flexibility for a capital‑intensive exploration business. Low leverage reduces insolvency risk, supports multi-year seismic/drill programs, and strengthens bargaining power in farm‑out or JV negotiations over the next several quarters.
Asset‑focused Exploration ModelA focused, asset‑based exploration model centered on the Kavango Basin creates structural upside: successful de‑risking can be monetized via farm‑outs, asset sales, or progressing to development. This clear set of monetization pathways aligns incentives with partners and preserves multiple exit options.
Improving Cash Burn TrendA meaningful reduction in operating cash burn year‑over‑year suggests improved capital efficiency and program prioritization. Sustained burn improvement can extend runway, lower near‑term funding needs, and increase odds of completing key seismic/drill milestones without immediate dilutive financing.
Bears Say
Pre‑Revenue OperationsThe company remains pre‑revenue and loss‑making, meaning it cannot self‑fund operations from operations. Over the medium term this necessitates external capital, creates dilution risk for shareholders, and delays realization of asset value until successful commercial discoveries or farm‑outs occur.
Negative Cash Flow DependenceMaterial negative OCF and free cash flow imply ongoing reliance on capital markets or partner funding to continue exploration. This structural funding dependence raises execution risk if markets tighten or partners slow commitments, potentially delaying technical milestones and value realization.
Small Scale & No Production Track RecordA small, exploration‑stage operator without production history faces elevated operational and commercialization risk. Limited scale and experience in development/production increase execution complexity for appraisal and development phases and heighten dependence on third‑party partners to advance projects.
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$388.81M.
When is Reconnaissance Energy Africa’s upcoming earnings report date?
Reconnaissance Energy Africa’s upcoming earnings report date is Jun 02, 2026 which is in 12 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 377,482,600 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
-7.90%
Trailing 12-Months
Asset Growth
15.16%
Trailing 12-Months
Company Description
Reconnaissance Energy Africa
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas potential in Namibia and Botswana. It holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 located in Namibia; and 100% working interest in a petroleum license, which covers an area of 8,990 square km2 located in northwestern Botswana. The company is headquartered in Vancouver, Canada.
Technical Analysis
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Options Prices
Currently, No data available
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