Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report) rose 11.1% on Wednesday . The stock traded as high as C$0.72 and last traded at C$0.70. Approximately 353,392 shares were traded during mid-day trading, an increase of 0% from the average daily volume of 352,032 shares. The stock had previously closed at C$0.63.
Reconnaissance Energy Africa Stock Up 9.5 %
The company’s fifty day moving average is C$0.75 and its two-hundred day moving average is C$0.92. The firm has a market capitalization of C$168.73 million, a price-to-earnings ratio of -6.65 and a beta of 1.24.
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.
See Also
- Five stocks we like better than Reconnaissance Energy Africa
- 3 Best Fintech Stocks for a Portfolio Boost
- Alphabet’s Officially In A Bear Market—Time To Buy?
- Growth Investing: Should You Adopt This Investing Strategy in 2022?
- D-Wave and Quantum Supremacy: Implications For Investors
- Value Investing: Is it a Good Strategy in 2022? (Hint: Always)
- 3 Cash Cow Stocks Leading Their Sectors in Free Cash Flow Margins
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.
