Reconnaissance Energy Africa Ltd

Company Profile

Reconnaissance Energy Africa Ltd had its IPO on under the ticker symbol RECAF.

The company operates in the Energy sector and Oil & Gas E&P industry. Reconnaissance Energy Africa Ltd has a staff strength of 0 employees.

Stock update

Shares of Reconnaissance Energy Africa Ltd opened at $0.95 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.92 - $0.96, and closed at $0.96.

This is a +1.08% increase from the previous day's closing price.

A total volume of 99,980 shares were traded at the close of the day’s session.

In the last one week, shares of Reconnaissance Energy Africa Ltd have increased by +1.83%.

Reconnaissance Energy Africa Ltd's Key Ratios

Reconnaissance Energy Africa Ltd has a market cap of $202.33 million, indicating a price to book ratio of 2.8394 and a price to sales ratio of 36.7978.

In the last 12-months Reconnaissance Energy Africa Ltd’s revenue was $4.10 million with a gross profit of $479074 and an EBITDA of $-34631304. The EBITDA ratio measures Reconnaissance Energy Africa Ltd's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Reconnaissance Energy Africa Ltd’s operating margin was -844.83% while its return on assets stood at -16.01% with a return of equity of -57.98%.

In Q3, Reconnaissance Energy Africa Ltd’s quarterly earnings growth was a positive 0% while revenue growth was a negative 51.3%.

Reconnaissance Energy Africa Ltd’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.14 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Reconnaissance Energy Africa Ltd’s profitability.

Reconnaissance Energy Africa Ltd stock is trading at a EV to sales ratio of 5.742 and a EV to EBITDA ratio of -4.4965. Its price to sales ratio in the trailing 12-months stood at 36.7978.

Reconnaissance Energy Africa Ltd stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$190.35 million

Total Liabilities

$82.21 million

Operating Cash Flow

$-15317778.00

Capital Expenditure

$15.32 million

Dividend Payout Ratio

0%

Reconnaissance Energy Africa Ltd ended 2025 with $190.35 million in total assets and $0 in total liabilities. Its intangible assets were valued at $190.35 million while shareholder equity stood at $106.96 million.

Reconnaissance Energy Africa Ltd ended 2025 with $0 in deferred long-term liabilities, $82.21 million in other current liabilities, 354465474.00 in common stock, $-312079760.00 in retained earnings and $0 in goodwill. Its cash balance stood at $77.08 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Reconnaissance Energy Africa Ltd’s total current assets stands at $95.95 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $17.37 million compared to accounts payable of $8.33 million and inventory worth $0.

In 2025, Reconnaissance Energy Africa Ltd's operating cash flow was $-15317778.00 while its capital expenditure stood at $15.32 million.

Comparatively, Reconnaissance Energy Africa Ltd paid $0 in dividends in 2025.

Other key metrics

Current Trading Price

$0.96

52-Week High

$4.8

52-Week Low

$0.724

Analyst Target Price

$

Reconnaissance Energy Africa Ltd stock is currently trading at $0.96 per share. It touched a 52-week high of $4.8 and a 52-week low of $4.8. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $1.03 and 200-day moving average was $1.08 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 289% of the company’s stock are held by insiders while 2.8% are held by institutions.