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$424.35M
Enterprise ValueC$411.33M
Total Cash (Recent Filing)C$30.33M
Total Debt (Recent Filing)C$0.00
Price to Earnings (P/E)―
Beta0.80
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 debt-free balance sheet with roughly $245M equity against ~$250M of assets provides durable solvency and funding optionality. Low leverage reduces near-term default risk, improves resilience to exploration setbacks, and makes the company more attractive to JV partners over the medium term.
Exploration Monetization ModelRECO's exploration-focused model creates multiple durable monetization pathways—farm-outs, asset sales, or advancing discoveries to appraisal/development. This structural flexibility lets the company de-risk prospects while leveraging partner capital and converting technical value without immediate production.
Improving Cash Burn TrendFree cash flow has meaningfully improved versus 2024, reflecting lower investment intensity or better cost control. A reduced cash burn enhances runway and the probability management can reach technical milestones or secure partner funding before requiring additional dilutive financing.
Bears Say
Zero Operating RevenueThe absence of recurring hydrocarbon production means the company lacks operating revenue, making long-term sustainability dependent on successful discoveries or transactions. Without production, margins and earnings power remain hypothetical and tied to future technical success.
Persistent Negative Cash FlowSustained negative operating and free cash flow indicate the business is not self-funding and consumes capital to pursue exploration. Ongoing outflows increase reliance on external financing, constrain strategic optionality, and raise the risk of program cuts if funding becomes scarce.
Reliance On External FinancingRECO structurally depends on capital markets and farm‑out partners to fund activity. This exposes the company to financing cycles, potential dilution, and partner negotiation risk; if market conditions or partner interest falter, planned exploration programs may be delayed or downscaled.
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$424.35M.
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 80 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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