Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report) traded down 9.7% on Thursday . The company traded as low as C$1.08 and last traded at C$1.12. 797,586 shares traded hands during mid-day trading, an increase of 158% from the average session volume of 309,427 shares. The stock had previously closed at C$1.24.
Reconnaissance Energy Africa Stock Down 21.0 %
The stock’s 50-day simple moving average is C$1.06 and its 200 day simple moving average is C$1.02. The stock has a market capitalization of C$259.84 million, a price-to-earnings ratio of 2.80 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.
See Also
- Five stocks we like better than Reconnaissance Energy Africa
- Transportation Stocks Investing
- How Value Investors Find Undervalued Stocks and Build Wealth
- What is Short Interest? How to Use It
- Is Tonix Pharmaceuticals the Next Biotech Breakout?
- What is the MACD Indicator and How to Use it in Your Trading
- DeepSeek Dip: Is the Nuclear Energy Sell-Off a Buying Opportunity
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.
