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RECO Stock Chart & Stats
C$0.82
-C$0.03(-3.05%)
At close: 4:00 PM EDT
C$0.82
-C$0.03(-3.05%)
Day’s Range― - ―
52-Week RangeC$0.42 - C$1.35
Previous CloseN/A
Volume206.78K
Average Volume (3M)794.88K
Market Cap
C$292.58M
Enterprise ValueC$312.18
Total Cash (Recent Filing)C$30.33M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta1.06
Next Earnings
Aug 31, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.05
Shares Outstanding379,973,200
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 a large equity base provide durable financial flexibility for an exploration firm. Low leverage reduces near-term solvency risk, supports ongoing seismic/drilling programs, and makes the company a more credible counterparty for farm-outs or JV funding over the next 2–6 months.
Clear Monetization PathwaysHaving multiple, industry-standard exit routes (farm-outs, asset sales, or advancing to development) is a structural strength. It lowers execution risk by permitting flexible capital strategies and partner engagement, improving odds of value realization even without near-term production.
Improving Cash Burn TrendA materially smaller FCF deficit versus the prior year suggests improving capital efficiency and program pacing. While still negative, the trend reduces near-term dilution risk and lengthens runway, improving the company's ability to fund exploration or secure partner funding over coming months.
Bears Say
No Revenue / Recurring LossesThe company remains a pre-revenue explorer with recurring losses, which is a structural limitation: without commercial production or asset sales, margins and earnings power remain untested, and long-term value depends on successful de-risking or external transactions.
Negative Cash GenerationPersistent negative OCF and large negative FCF indicate the business is not self-funding and consumes cash to advance exploration. This structural cash burn necessitates repeated financing or partner funding, constraining long-term program execution and increasing dilution risk.
Reliance On External FundingDependence on capital markets and farm-out partners is a structural vulnerability for an explorer. Market access or partner appetite can change, potentially delaying programs or forcing dilutive financings; this funding risk materially affects the company's ability to execute multi-stage exploration plans.
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$292.58M.
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 29 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 379,973,200 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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10
Technicals
SMA
Negative
20 days / 200 days
Momentum
-53.36%
12-Months-Change
Fundamentals
Return on Equity
―
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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