Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report)’s stock price traded down 21.4% on Thursday . The company traded as low as C$0.94 and last traded at C$0.98. 2,709,108 shares traded hands during trading, an increase of 551% from the average session volume of 416,272 shares. The stock had previously closed at C$1.24.
Reconnaissance Energy Africa Stock Down 12.8 %
The firm’s fifty day simple moving average is C$1.05 and its 200-day simple moving average is C$1.02. The firm has a market capitalization of C$225.37 million, a PE ratio of 2.43 and a beta of 1.24.
Reconnaissance Energy Africa Company Profile
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license that covers an area of approximately 25,341.33 square kilometer located in Namibia; and 100% working interest in a petroleum license, which covers an area of 8,990 square kilometer located in northwestern Botswana.
Featured Stories
- Five stocks we like better than Reconnaissance Energy Africa
- With Risk Tolerance, One Size Does Not Fit All
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- The Significance of a Trillion-Dollar Market Cap Goes Beyond a Number
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- Comparing and Trading High PE Ratio Stocks
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
Receive News & Ratings for Reconnaissance Energy Africa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reconnaissance Energy Africa and related companies with MarketBeat.com's FREE daily email newsletter.
