Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report)’s share price was down 21.4% during trading on Friday . The stock traded as low as C$0.94 and last traded at C$0.98. Approximately 2,709,108 shares traded hands during mid-day trading, an increase of 551% from the average daily volume of 416,272 shares. The stock had previously closed at C$1.24.
Reconnaissance Energy Africa Stock Performance
The stock has a market capitalization of C$258.51 million, a price-to-earnings ratio of 2.79 and a beta of 1.24. The business has a fifty day simple moving average of C$1.06 and a 200 day simple moving average of C$1.02.
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.
Read More
- Five stocks we like better than Reconnaissance Energy Africa
- CD Calculator: Certificate of Deposit Calculator
- 3 Turnaround Stocks in the Early Innings With More Upside to Come
- High Flyers: 3 Natural Gas Stocks for March 2022
- Whirlpool: Buy This High-Yielding Value Before It Spins Higher
- Where to Find Earnings Call Transcripts
- Commvault Systems: Share Price Primed to Vault Higher in 2025
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.
