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$439.59M
Enterprise ValueC$436.30M
Total Cash (Recent Filing)C$3.29M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta0.66
Next Earnings
Jun 03, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding375,718,440
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 an exploration company. Low leverage reduces refinancing risk, supports negotiating farm-outs or JV terms from a position of strength, and increases the ability to fund staged exploration or wait for favorable market windows.
Improving Cash Burn And LossesYear-over-year reduction in losses and operating cash burn indicates improving cost discipline and program efficiency. Sustained improvement can extend runway, lower near-term funding needs, and raise probability management can reach technical de-risking milestones without immediate large equity raises.
Clear Monetization PathwaysThe business model outlines multiple durable routes to capture value (farm-outs, asset sales, development). These options allow value crystallization at different de-risking stages, enabling capital-light scaling via partners and providing realistic exit paths even before commercial production.
Bears Say
Pre-revenue OperationsOperating with no recurring production revenue means value depends on successful exploration outcomes. Persistent losses limit internal cash generation, increase execution risk, and make long-term viability contingent on capital markets or partner transactions rather than operating cash flow.
Material Negative Cash FlowSizable negative operating and free cash flows reflect ongoing funding needs to support seismic and exploration drilling. Even with improvement, sustained negative FCF constrains capital allocation, raises dilution risk from recurring financings, and limits ability to self-fund larger appraisal programs.
Dependence On External Funding And PartnersA business model that depends on capital markets or farm-out partners creates structural funding exposure. Access to capital and partner terms can vary with market cycles; delays or weak partner interest could postpone programs, force unfavorable dilution, or reduce the pace of de-risking.
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$439.59M.
When is Reconnaissance Energy Africa’s upcoming earnings report date?
Reconnaissance Energy Africa’s upcoming earnings report date is Jun 03, 2026 which is in 34 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 375,718,440 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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