Reconnaissance Energy Africa Stock Today

RECAF Stock  USD 0.80  0.05  5.88%   

Performance

6 of 100

 
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Strong
Modest

Odds Of Distress

Over 80

 
High
 
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High
Reconnaissance Energy is trading at 0.8 as of the 28th of November 2024. This is a 5.88 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.77. Reconnaissance Energy has a very high chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Reconnaissance Energy Africa are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas potential in Namibia and Botswana. It holds a 90 percent interest in a petroleum exploration license that covers an area of approximately 25,341.33 km2 located in Namibia and 100 percent working interest in a petroleum license, which covers an area of 8,990 square km2 located in northwestern Botswana. The company has 201.62 M outstanding shares. More on Reconnaissance Energy Africa
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Reconnaissance OTC Stock Highlights

Business ConcentrationEnergy, Oil & Gas E&P, Energy (View all Sectors)
Reconnaissance Energy Africa [RECAF] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Small-Cap' category with a current market capitalization of 312.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reconnaissance Energy's market, we take the total number of its shares issued and multiply it by Reconnaissance Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Reconnaissance Energy classifies itself under Energy sector and is part of Oil & Gas E&P industry. The entity has 201.62 M outstanding shares. Reconnaissance Energy Africa has accumulated about 92.51 M in cash with (11.71 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.46.
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Ownership Allocation
Reconnaissance Energy owns a total of 201.62 Million outstanding shares. Reconnaissance Energy holds 4.78 pct. of its outstanding shares held by insiders and 0.028 pct. owned by third-party entities. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Reconnaissance Energy Risk Profiles

Reconnaissance Stock Against Markets

Picking the right benchmark for Reconnaissance Energy otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Reconnaissance Energy otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Reconnaissance Energy is critical whether you are bullish or bearish towards Reconnaissance Energy Africa at a given time. Please also check how Reconnaissance Energy's historical prices are related to one of the top price index indicators.

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Reconnaissance Energy Corporate Management

Elected by the shareholders, the Reconnaissance Energy's board of directors comprises two types of representatives: Reconnaissance Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reconnaissance. The board's role is to monitor Reconnaissance Energy's management team and ensure that shareholders' interests are well served. Reconnaissance Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reconnaissance Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Reconnaissance OTC Stock

Reconnaissance Energy financial ratios help investors to determine whether Reconnaissance OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Reconnaissance with respect to the benefits of owning Reconnaissance Energy security.