Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report)’s share price fell 15.7% during mid-day trading on Thursday . The stock traded as low as C$0.48 and last traded at C$0.49. 1,458,246 shares changed hands during trading, an increase of 464% from the average session volume of 258,355 shares. The stock had previously closed at C$0.58.
Reconnaissance Energy Africa Price Performance
The company’s fifty day moving average is C$0.57 and its 200-day moving average is C$0.75. The stock has a market cap of C$112.00 million, a PE ratio of -4.41 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.
Featured Articles
- Five stocks we like better than Reconnaissance Energy Africa
- Financial Services Stocks Investing
- With Novo Nordisk’s CEO Out, Wall Street Wants an American Leader
- Stock Average Calculator
- MarketBeat Week in Review – 06/02 – 06/06
- 5 Top Rated Dividend Stocks to Consider
- A Large Oil Supply Draw Could Mean Upside in These 3 Energy Names
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.
