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Reconnaissance Energy Africa (TSE:RECO)
:RECO
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$313.97M
Enterprise ValueC$256.83M
Total Cash (Recent Filing)C$20.65M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta0.72
Next Earnings
Feb 27, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.01
Shares Outstanding373,778,600
10 Day Avg. Volume597,998
30 Day Avg. Volume794,885
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)1.35
Price to Sales (P/S)0.00
P/FCF Ratio-4.21
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 position with a sizable equity base and assets provides structural financial flexibility for an exploration company. This reduces insolvency risk, permits continued funding of seismic and drilling programs, and improves bargaining power in farm-outs or partner negotiations over the next several quarters.
Concentrated Kavango Basin PositionOwning a focused exploration footprint in the Kavango Basin concentrates upside if reservoirs are proven commercial. A clear geographic focus allows targeted data acquisition, consistent subsurface modelling, and makes the acreage attractive to majors seeking basin entry, supporting durable value creation via farm-outs or JV formation.
Multiple Monetization PathwaysHaving distinct routes to monetize exploration value—farm-outs, asset sales, or eventual production—reduces single-point dependency. Farm-outs enable carried drilling and partner capital, preserving upside while lowering company funding needs, a structurally relevant benefit for sustaining programs through volatile commodity cycles.
Bears Say
Persistent Negative Cash FlowOngoing and material cash burn means the business cannot self-fund exploration and appraisal, forcing reliance on capital markets, dilutive equity issuances, or partner funding. This constraint limits runway, increases financing risk, and can delay or scale back programs if markets tighten over the next several quarters.
No Meaningful Revenue And Sustained LossesAn exploration-stage profile with persistent net losses and negligible revenue means returns are fully contingent on future discoveries and monetization. This absence of operating income constrains reinvestment capacity and makes shareholder returns dependent on successful high-cost drilling outcomes rather than stable cash generation.
High Dependency On External Factors And PartnersCorporate prospects hinge on securing permits, favourable commodity pricing, and farm-out or JV partners. These external, often uncontrollable factors can materially delay or prevent value realization, increasing project execution and regulatory risk for months to years and constraining predictable progress toward commerciality.
Reconnaissance Energy Africa News
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$313.97M.
When is Reconnaissance Energy Africa’s upcoming earnings report date?
Reconnaissance Energy Africa’s upcoming earnings report date is Feb 27, 2026 which is in 3 days.
How were Reconnaissance Energy Africa’s earnings last quarter?
Reconnaissance Energy Africa released its earnings results on Aug 25, 2025. The company reported -C$0.014 earnings per share for the quarter, missing the consensus estimate of N/A by -C$0.014.
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 373,778,600 shares outstanding.
What happened to Reconnaissance Energy Africa’s price movement after its last earnings report?
Reconnaissance Energy Africa reported an EPS of -C$0.014 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went up 2.062%.
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
-10.23%
Trailing 12-Months
Asset Growth
25.32%
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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