Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report) traded down 21% on Thursday . The stock traded as low as C$0.94 and last traded at C$0.98. 1,857,040 shares traded hands during mid-day trading, an increase of 410% from the average session volume of 363,787 shares. The stock had previously closed at C$1.24.
Reconnaissance Energy Africa Stock Performance
The stock has a fifty day moving average price of C$1.06 and a 200-day moving average price of C$1.02. The firm has a market cap of C$259.84 million, a PE ratio of 2.80 and a beta of 1.24.
About Reconnaissance Energy Africa
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 Articles
- Five stocks we like better than Reconnaissance Energy Africa
- Are Penny Stocks a Good Fit for Your Portfolio?
- Meta’s AI & Smart Glasses Could Drive 20%+ Upside in 2025
- Why is the Ex-Dividend Date Significant to Investors?
- NVIDIA’s Slide Continues: Can Retail Investors Stop the Fall?
- Buy P&G Now, Before It Sets A New All-Time High
- Microsoft Stock Breaks Trend, But It Doesn’t Matter—Here’s Why
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.
