Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report)’s share price traded down 12.3% during mid-day trading on Friday . The company traded as low as C$0.87 and last traded at C$0.90. 2,490,220 shares were traded during trading, an increase of 33% from the average session volume of 1,873,752 shares. The stock had previously closed at C$1.02.
Reconnaissance Energy Africa Price Performance
The stock has a market capitalization of C$297.18 million, a PE ratio of 2.84 and a beta of 0.20. The business’s fifty day moving average price is C$0.77 and its two-hundred day moving average price is C$0.60.
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. Reconnaissance Energy Africa Ltd. is headquartered in Vancouver, Canada.
Read More
- Five stocks we like better than Reconnaissance Energy Africa
- Trump’s crypto czar leaked THIS
- NEW LAW: Congress Approves Setup For Digital Dollar?
- Do not delete, read immediately
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Why Trump and Musk suddenly care about Fort Knox
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.
