Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report)’s stock price was down 7.9% during mid-day trading on Wednesday . The company traded as low as C$1.06 and last traded at C$1.11. Approximately 275,722 shares traded hands during mid-day trading, a decline of 15% from the average daily volume of 322,746 shares. The stock had previously closed at C$1.20.
Reconnaissance Energy Africa Stock Down 5.8 %
The firm has a market capitalization of C$299.61 million, a PE ratio of 3.43 and a beta of 1.24. The company’s 50-day simple moving average is C$0.99 and its 200 day simple moving average is C$1.10.
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 Stories
- Five stocks we like better than Reconnaissance Energy Africa
- Manufacturing Stocks Investing
- Microsoft Stock Gets a $550 Price Target: Time to Get Excited
- 3 Natural Gas Stocks That Offer Great Dividend Yields
- Trump Tariffs in Focus: 2 Chinese Stocks to Own and 2 to Avoid
- What Does Downgrade Mean in Investing?
- 2 Generic Drug Stocks Ready to Surge 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.
