Reconnaissance Energy Africa Ltd. (CVE:RECO – Get Free Report)’s stock price rose 10.8% during trading on Friday . The company traded as high as C$0.83 and last traded at C$0.82. Approximately 575,852 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 1,611,565 shares. The stock had previously closed at C$0.74.
Reconnaissance Energy Africa Stock Up 10.8%
The firm’s 50 day simple moving average is C$0.88 and its two-hundred day simple moving average is C$0.64. The stock has a market capitalization of C$309.96 million, a P/E ratio of 2.65 and a beta of -0.06.
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.
See Also
- Five stocks we like better than Reconnaissance Energy Africa
- NEW LAW: Congress Approves Setup For Digital Dollar?
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- What a Former CIA Agent Knows About the Coming Collapse
- Bitcoin is down but your income is about to explode
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.
