25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

RECAF (Reconnaissance Energy Africa Ltd) Stock Analysis
Buy, Hold or Sell?

Let's analyze Reconnaissance Energy Africa Ltd together

I guess you are interested in Reconnaissance Energy Africa Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📊 Fundamental Analysis (FA) – Reconnaissance Energy Africa Ltd’s Financial Insights
  • 📈 Technical Analysis (TA) – Reconnaissance Energy Africa Ltd’s Price Targets

I'm going to help you getting a better view of Reconnaissance Energy Africa Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Reconnaissance Energy Africa Ltd

I send you an email if I find something interesting about Reconnaissance Energy Africa Ltd.

1. Quick Overview

1.1. Quick analysis of Reconnaissance Energy Africa Ltd (30 sec.)










1.2. What can you expect buying and holding a share of Reconnaissance Energy Africa Ltd? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
$0.38
Expected worth in 1 year
$0.95
How sure are you?
77.8%

+ What do you gain per year?

Total Gains per Share
$0.57
Return On Investment
162.9%

For what price can you sell your share?

Current Price per Share
$0.35
Expected price per share
$0.291 - $0.492
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

2. Detailed Analysis

2.1. Valuation of Reconnaissance Energy Africa Ltd (5 min.)




Live pricePrice per Share (EOD)
$0.35

2.2. Growth of Reconnaissance Energy Africa Ltd (5 min.)




Is Reconnaissance Energy Africa Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$100.3m$62.4m$37.8m37.7%

How much money is Reconnaissance Energy Africa Ltd making?

Current yearPrevious yearGrowGrow %
Making money$30.1m-$38.5m$68.6m227.8%
Net Profit Margin0.0%0.0%--

How much money comes from the company's main activities?

2.3. Financial Health of Reconnaissance Energy Africa Ltd (5 min.)




2.4. Comparing to competitors in the Oil & Gas E&P industry (5 min.)




  Industry Rankings (Oil & Gas E&P)  


Richest
#138 / 319

Most Revenue
#297 / 319

Most Profit
#63 / 319

Most Efficient
#189 / 319
3rd party ad coffee SUPPORTERis ad-free.

3. Summary and Key Metrics

3.1. What can you expect buying and holding a share of Reconnaissance Energy Africa Ltd?

Welcome investor! Reconnaissance Energy Africa Ltd's management wants to use your money to grow the business. In return you get a share of Reconnaissance Energy Africa Ltd.

First you should know what it really means to hold a share of Reconnaissance Energy Africa Ltd. And how you can make/lose money.

Speculation

The Price per Share of Reconnaissance Energy Africa Ltd is $0.35. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Reconnaissance Energy Africa Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Reconnaissance Energy Africa Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $0.38. Based on the TTM, the Book Value Change Per Share is $0.14 per quarter. Based on the YOY, the Book Value Change Per Share is $0.00 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Reconnaissance Energy Africa Ltd.

How much money are you going to get?

 MRQTTMYOY3Y5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps0.1132.4%0.1132.4%-0.15-41.4%-0.25-72.2%-0.16-45.0%-0.09-25.1%
Usd Book Value Change Per Share0.1440.7%0.1440.7%0.000.0%0.1028.5%0.0821.5%0.0412.0%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.1440.7%0.1440.7%0.000.0%0.1028.5%0.0821.5%0.0412.0%
Usd Price Per Share0.73-0.73-1.17-2.15-1.85-1.03-
Price to Earnings Ratio6.43-6.43--8.07--2.63--31.87--17.71-
Price-to-Total Gains Ratio5.12-5.12-17.10-22.51-22.51-
Price to Book Ratio1.93-1.93-4.97-8.74-13.86-7.70-
Price-to-Total Gains Ratio5.12-5.12-17.10-22.51-22.51-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.35
Number of shares2857
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.140.08
Usd Total Gains Per Share0.140.08
Gains per Quarter (2857 shares)407.14215.47
Gains per Year (2857 shares)1,628.56861.89
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10162916190862852
2032573248017241714
3048864877025862576
4065146506034483438
5081438135043094300
6097719764051715162
701140011393060336024
801302813022068956886
901465714651077577748
1001628616280086198610

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%1.02.00.033.3%1.04.00.020.0%1.08.00.011.1%1.08.00.011.1%
Book Value Change Per Share1.00.00.0100.0%2.00.01.066.7%4.00.01.080.0%7.01.01.077.8%7.01.01.077.8%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.09.00.0%0.00.09.00.0%
Total Gains per Share1.00.00.0100.0%2.00.01.066.7%4.00.01.080.0%7.01.01.077.8%7.01.01.077.8%
3rd party ad coffee SUPPORTERis ad-free.

3.2. Key Performance Indicators

The key performance indicators of Reconnaissance Energy Africa Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-3Y+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.1430.1430%-+100%0.100+43%0.075+89%0.042+240%
Book Value Per Share--0.3780.3780%0.235+61%0.283+34%0.190+99%0.106+258%
Current Ratio--0.6920.6920%0.896-23%1.044-34%2.383-71%2.267-69%
Debt To Asset Ratio--0.0380.0380%0.364-89%0.255-85%0.178-79%0.316-88%
Debt To Equity Ratio--0.0400.0400%0.571-93%0.394-90%0.263-85%0.595-93%
Dividend Per Share----0%-0%-0%-0%-0%
Enterprise Value--189871859.303189871859.3030%275013472.179-31%545395818.554-65%476880578.316-60%476880578.316-60%
Eps--0.1130.1130%-0.145+228%-0.253+323%-0.158+239%-0.088+177%
Free Cash Flow Per Share---0.087-0.0870%---0.109+25%-0.071-18%-0.041-53%
Free Cash Flow To Equity Per Share---0.064-0.0640%--0.023-372%0.016-488%0.009-782%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%1.0000%
Market Cap92948452.800-109%193863915.840193863915.8400%310713399.360-38%570526455.520-66%492318742.111-61%273510412.284-29%
Net Profit Margin----0%-0%-8.4350%-5.0610%-2.8120%
Operating Margin----0%-0%-1.0410%-0.6250%-0.3470%
Operating Ratio----0%-0%1.659-100%0.995-100%0.553-100%
Pb Ratio0.927-109%1.9331.9330%4.974-61%8.743-78%13.864-86%7.702-75%
Pe Ratio3.084-109%6.4336.4330%-8.068+225%-2.629+141%-31.875+595%-17.708+375%
Price Per Share0.350-109%0.7300.7300%1.170-38%2.148-66%1.854-61%1.030-29%
Price To Free Cash Flow Ratio-4.007+52%-8.357-8.3570%--100%-14.378+72%-24.346+191%-13.526+62%
Price To Total Gains Ratio2.456-109%5.1235.1230%--17.098-70%22.514-77%22.514-77%
Quick Ratio----0%0.191-100%0.132-100%0.104-100%0.062-100%
Return On Assets--0.2890.2890%-0.392+236%-0.690+339%-0.538+286%-0.694+340%
Return On Equity--0.3000.3000%-0.617+305%-1.136+478%-0.813+371%-1.235+511%
Total Gains Per Share--0.1430.1430%-+100%0.100+43%0.075+89%0.042+240%
Usd Book Value--100314629.972100314629.9720%62469720.493+61%75084690.319+34%50389045.606+99%28033317.699+258%
Usd Book Value Change Per Share--0.1430.1430%-+100%0.100+43%0.075+89%0.042+240%
Usd Book Value Per Share--0.3780.3780%0.235+61%0.283+34%0.190+99%0.106+258%
Usd Dividend Per Share----0%-0%-0%-0%-0%
Usd Enterprise Value--189871859.303189871859.3030%275013472.179-31%545395818.554-65%476880578.316-60%476880578.316-60%
Usd Eps--0.1130.1130%-0.145+228%-0.253+323%-0.158+239%-0.088+177%
Usd Free Cash Flow---23197148.380-23197148.3800%--100%-19300994.387-17%-15161426.535-35%-8461216.910-64%
Usd Free Cash Flow Per Share---0.087-0.0870%---0.109+25%-0.071-18%-0.041-53%
Usd Free Cash Flow To Equity Per Share---0.064-0.0640%--0.023-372%0.016-488%0.009-782%
Usd Market Cap92948452.800-109%193863915.840193863915.8400%310713399.360-38%570526455.520-66%492318742.111-61%273510412.284-29%
Usd Price Per Share0.350-109%0.7300.7300%1.170-38%2.148-66%1.854-61%1.030-29%
Usd Profit--30134942.80330134942.8030%-38513280.869+228%-67151883.825+323%-41845273.985+239%-23318818.969+177%
Usd Revenue----0%-0%2543439.876-100%1526063.926-100%847813.292-100%
Usd Total Gains Per Share--0.1430.1430%-+100%0.100+43%0.075+89%0.042+240%
 EOD+3 -5MRQTTM+0 -0YOY+17 -93Y+19 -145Y+17 -1610Y+17 -16

3.3 Fundamental Score

Let's check the fundamental score of Reconnaissance Energy Africa Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-153.084
Price to Book Ratio (EOD)Between0-10.927
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.692
Debt to Asset Ratio (MRQ)Less than10.038
Debt to Equity Ratio (MRQ)Less than10.040
Return on Equity (MRQ)Greater than0.150.300
Return on Assets (MRQ)Greater than0.050.289
Total6/10 (60.0%)

3.4 Technical Score

Let's check the technical score of Reconnaissance Energy Africa Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.295
Total0/1 (0.0%)

4. In-depth Analysis

4.1 About Reconnaissance Energy Africa Ltd

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 located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconnaissance Energy Africa Ltd. is headquartered in Calgary, Canada.

Fundamental data was last updated by Penke on 2025-06-10 11:25:03.

4.2 In-depth Summary

4.2.1. Financial Health Summary

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is very efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
The company is unable to pay all its short-term debts.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

4.2.2. Valuation Summary

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.
3rd party ad coffee SUPPORTERis ad-free.

4.3 Financial Health

4.3.1. Profitability

4.3.1 Profitability
4.3.1.1. Net Profit Margin

Measures how much net profit Reconnaissance Energy Africa Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Reconnaissance Energy Africa Ltd to the Oil & Gas E&P industry mean.
  • A Net Profit Margin of 0.0% means that $0.00 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-506.1%+506.1%
5Y-506.1%10Y-281.2%-224.9%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-6.0%-6.0%
TTM-6.0%-6.0%
YOY-7.7%-7.7%
3Y-843.5%9.1%-852.6%
5Y-506.1%-6.3%-499.8%
10Y-281.2%-35.2%-246.0%
4.3.1.2. Return on Assets

Shows how efficient Reconnaissance Energy Africa Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Reconnaissance Energy Africa Ltd to the Oil & Gas E&P industry mean.
  • 28.9% Return on Assets means that Reconnaissance Energy Africa Ltd generated $0.29 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 28.9%. Using its assets, the company is very efficient in making profit. +2
  • The TTM is 28.9%. Using its assets, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ28.9%TTM28.9%0.0%
TTM28.9%YOY-39.2%+68.1%
TTM28.9%5Y-53.8%+82.7%
5Y-53.8%10Y-69.4%+15.6%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ28.9%-0.1%+29.0%
TTM28.9%-0.1%+29.0%
YOY-39.2%0.3%-39.5%
3Y-69.0%1.0%-70.0%
5Y-53.8%0.1%-53.9%
10Y-69.4%-2.1%-67.3%
4.3.1.3. Return on Equity

Shows how efficient Reconnaissance Energy Africa Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Reconnaissance Energy Africa Ltd to the Oil & Gas E&P industry mean.
  • 30.0% Return on Equity means Reconnaissance Energy Africa Ltd generated $0.30 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 30.0%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 30.0%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ30.0%TTM30.0%0.0%
TTM30.0%YOY-61.7%+91.7%
TTM30.0%5Y-81.3%+111.4%
5Y-81.3%10Y-123.5%+42.2%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ30.0%0.8%+29.2%
TTM30.0%0.4%+29.6%
YOY-61.7%1.0%-62.7%
3Y-113.6%2.4%-116.0%
5Y-81.3%0.1%-81.4%
10Y-123.5%-4.0%-119.5%
3rd party ad coffee SUPPORTERis ad-free.

4.3.2. Operating Efficiency of Reconnaissance Energy Africa Ltd.

4.3.2. Operating Efficiency
4.3.2.1. Operating Margin

Measures how efficient Reconnaissance Energy Africa Ltd is operating .

  • Measures how much profit Reconnaissance Energy Africa Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Reconnaissance Energy Africa Ltd to the Oil & Gas E&P industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-62.5%+62.5%
5Y-62.5%10Y-34.7%-27.8%
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-10.6%-10.6%
TTM-11.7%-11.7%
YOY-15.3%-15.3%
3Y-104.1%15.4%-119.5%
5Y-62.5%0.5%-63.0%
10Y-34.7%-22.2%-12.5%
4.3.2.2. Operating Ratio

Measures how efficient Reconnaissance Energy Africa Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are $0.00 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.995-0.995
5Y0.99510Y0.553+0.442
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.110-1.110
TTM-1.035-1.035
YOY-0.879-0.879
3Y1.6590.904+0.755
5Y0.9950.986+0.009
10Y0.5531.149-0.596
3rd party ad coffee SUPPORTERis ad-free.

4.4.3. Liquidity of Reconnaissance Energy Africa Ltd.

4.4.3. Liquidity
4.4.3.1. Current Ratio

Measures if Reconnaissance Energy Africa Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A Current Ratio of 0.69 means the company has $0.69 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 0.692. The company is unable to pay all its short-term debts. -2
  • The TTM is 0.692. The company is unable to pay all its short-term debts. -2
Trends
Current periodCompared to+/- 
MRQ0.692TTM0.6920.000
TTM0.692YOY0.896-0.204
TTM0.6925Y2.383-1.691
5Y2.38310Y2.267+0.116
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.6921.193-0.501
TTM0.6921.223-0.531
YOY0.8961.231-0.335
3Y1.0441.273-0.229
5Y2.3831.464+0.919
10Y2.2671.696+0.571
4.4.3.2. Quick Ratio

Measures if Reconnaissance Energy Africa Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Reconnaissance Energy Africa Ltd to the Oil & Gas E&P industry mean.
  • A Quick Ratio of 0.00 means the company can pay off $0.00 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY0.191-0.191
TTM-5Y0.104-0.104
5Y0.10410Y0.062+0.042
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.521-0.521
TTM-0.675-0.675
YOY0.1910.802-0.611
3Y0.1320.864-0.732
5Y0.1040.955-0.851
10Y0.0621.276-1.214
3rd party ad coffee SUPPORTERis ad-free.

4.5.4. Solvency of Reconnaissance Energy Africa Ltd.

4.5.4. Solvency
4.5.4.1. Debt to Asset Ratio

Measures how much % of Reconnaissance Energy Africa Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Reconnaissance Energy Africa Ltd to Oil & Gas E&P industry mean.
  • A Debt to Asset Ratio of 0.04 means that Reconnaissance Energy Africa Ltd assets are financed with 3.8% credit (debt) and the remaining percentage (100% - 3.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 0.038. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.038. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.038TTM0.0380.000
TTM0.038YOY0.364-0.325
TTM0.0385Y0.178-0.140
5Y0.17810Y0.316-0.138
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0380.419-0.381
TTM0.0380.410-0.372
YOY0.3640.403-0.039
3Y0.2550.415-0.160
5Y0.1780.463-0.285
10Y0.3160.457-0.141
4.5.4.2. Debt to Equity Ratio

Measures if Reconnaissance Energy Africa Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Reconnaissance Energy Africa Ltd to the Oil & Gas E&P industry mean.
  • A Debt to Equity ratio of 4.0% means that company has $0.04 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Reconnaissance Energy Africa Ltd:

  • The MRQ is 0.040. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.040. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.040TTM0.0400.000
TTM0.040YOY0.571-0.532
TTM0.0405Y0.263-0.224
5Y0.26310Y0.595-0.331
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0400.660-0.620
TTM0.0400.654-0.614
YOY0.5710.605-0.034
3Y0.3940.636-0.242
5Y0.2630.758-0.495
10Y0.5950.748-0.153
3rd party ad coffee SUPPORTERis ad-free.

4.6. Market Valuation

4.6.1. Earnings Per Share
4.6.2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Reconnaissance Energy Africa Ltd generates.

  • Above 15 is considered overpriced but always compare Reconnaissance Energy Africa Ltd to the Oil & Gas E&P industry mean.
  • A PE ratio of 6.43 means the investor is paying $6.43 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Reconnaissance Energy Africa Ltd:

  • The EOD is 3.084. Based on the earnings, the company is cheap. +2
  • The MRQ is 6.433. Based on the earnings, the company is cheap. +2
  • The TTM is 6.433. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD3.084MRQ6.433-3.349
MRQ6.433TTM6.4330.000
TTM6.433YOY-8.068+14.501
TTM6.4335Y-31.875+38.308
5Y-31.87510Y-17.708-14.166
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD3.084-0.075+3.159
MRQ6.433-0.105+6.538
TTM6.433-0.101+6.534
YOY-8.068-0.036-8.032
3Y-2.6292.532-5.161
5Y-31.8750.468-32.343
10Y-17.708-0.660-17.048
4.6.2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Reconnaissance Energy Africa Ltd:

  • The EOD is -4.007. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -8.357. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -8.357. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.007MRQ-8.357+4.350
MRQ-8.357TTM-8.3570.000
TTM-8.357YOY--8.357
TTM-8.3575Y-24.346+15.989
5Y-24.34610Y-13.526-10.821
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD-4.0070.569-4.576
MRQ-8.3570.692-9.049
TTM-8.3570.350-8.707
YOY--1.123+1.123
3Y-14.378-0.124-14.254
5Y-24.346-0.903-23.443
10Y-13.526-1.256-12.270
3rd party ad coffee SUPPORTERis ad-free.
4.6.2. Book Value per Share
4.6.2.1. Price to Book Ratio

Measures if the stock price of Reconnaissance Energy Africa Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas E&P industry mean).
  • A PB ratio of 1.93 means the investor is paying $1.93 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Reconnaissance Energy Africa Ltd:

  • The EOD is 0.927. Based on the equity, the company is cheap. +2
  • The MRQ is 1.933. Based on the equity, the company is underpriced. +1
  • The TTM is 1.933. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.927MRQ1.933-1.006
MRQ1.933TTM1.9330.000
TTM1.933YOY4.974-3.041
TTM1.9335Y13.864-11.932
5Y13.86410Y7.702+6.162
Compared to industry (Oil & Gas E&P)
PeriodCompanyIndustry (mean)+/- 
EOD0.9270.921+0.006
MRQ1.9331.004+0.929
TTM1.9331.065+0.868
YOY4.9741.220+3.754
3Y8.7431.318+7.425
5Y13.8641.333+12.531
10Y7.7021.278+6.424
4.6.2. Total Gains per Share

2.4. Latest News of Reconnaissance Energy Africa Ltd

Does Reconnaissance Energy Africa Ltd still have the same value as the quarterly reports suggest? Recent changes may be an indication that the value of the company is changing. Read the news from Reconnaissance Energy Africa Ltd to keep up to date. Note: the news is often already included in the price.

DateTitleRead
2025-06-05
18:03
ReconAfrica upsizes underwritten offering to C$16.5MRead
3rd party ad coffee SUPPORTERis ad-free.

6. Financial Statements




6.1. Latest Balance Sheet

Balance Sheet of 2024-03-31. Currency in CAD. All numbers in thousands.

Summary
Total Assets142,301
Total Liabilities5,446
Total Stockholder Equity136,855
 As reported
Total Liabilities 5,446
Total Stockholder Equity+ 136,855
Total Assets = 142,301

Assets

Total Assets142,301
Total Current Assets3,049
Long-term Assets139,252
Total Current Assets
Cash And Cash Equivalents 2,077
Total Current Assets  (as reported)3,049
Total Current Assets  (calculated)2,077
+/- 972
Long-term Assets
Property Plant Equipment 134,184
Long-term Assets  (as reported)139,252
Long-term Assets  (calculated)134,184
+/- 5,068

Liabilities & Shareholders' Equity

Total Current Liabilities4,409
Long-term Liabilities1,037
Total Stockholder Equity136,855
Total Current Liabilities
Accounts payable 3,350
Total Current Liabilities  (as reported)4,409
Total Current Liabilities  (calculated)3,350
+/- 1,059
Long-term Liabilities
Long-term Liabilities  (as reported)1,037
Long-term Liabilities  (calculated)0
+/- 1,037
Total Stockholder Equity
Total Stockholder Equity (as reported)136,855
Total Stockholder Equity (calculated)0
+/- 136,855
Other
Capital Stock360,537
Common Stock Shares Outstanding 210,916
Net Invested Capital 136,855
Net Working Capital -1,360
Property Plant and Equipment Gross 136,840



6.2. Balance Sheets Structured

Currency in CAD. All numbers in thousands.

 Trend2024-03-312023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-31
> Total Assets 
106
162
208
561
8,348
30,519
133,929
0
142,301
142,3010133,92930,5198,348561208162106
   > Total Current Assets 
106
162
208
561
2,699
6,974
73,597
83,086
3,049
3,04983,08673,5976,9742,699561208162106
       Cash And Cash Equivalents 
102
159
204
554
2,547
6,793
61,154
0
2,077
2,077061,1546,7932,547554204159102
       Net Receivables 
0
0
2
7
42
85
9,826
17,677
0
017,6779,82685427200
       Other Current Assets 
0
0
0
0
0
0
0
17,114
0
017,1140000000
   > Long-term Assets 
0
0
0
0
5,650
23,545
60,332
0
139,252
139,252060,33223,5455,6500000
       Property Plant Equipment 
0
0
0
0
5,650
23,545
60,332
108,241
134,184
134,184108,24160,33223,5455,6500000
       Other Assets 
0
0
0
791
0
0
0
0
0
00000791000
> Total Liabilities 
42
66
116
328
522
1,933
48,704
0
5,446
5,446048,7041,9335223281166642
   > Total Current Liabilities 
42
66
116
324
522
1,933
47,652
92,744
4,409
4,40992,74447,6521,9335223241166642
       Short Long Term Debt 
0
0
0
0
287
0
0
0
0
00002870000
       Accounts payable 
1
1
15
324
234
1,933
6,638
7,272
3,350
3,3507,2726,6381,9332343241511
       Other Current Liabilities 
0
0
0
0
0
0
0
730
0
07300000000
   > Long-term Liabilities 
0
0
0
0
0
0
1,052
0
1,037
1,03701,052000000
       Other Liabilities 
0
0
0
0
0
0
1,052
2,575
0
02,5751,052000000
       Deferred Long Term Liability 
0
0
0
209
0
0
0
0
0
00000209000
> Total Stockholder Equity
64
96
91
233
7,827
28,587
85,225
0
136,855
136,855085,22528,5877,827233919664
   Common Stock
0
0
0
630
9,159
28,375
311,000
354,475
0
0354,475311,00028,3759,159630000
   Retained Earnings Total Equity000000000
   Accumulated Other Comprehensive Income 000000000
   Capital Surplus 000000000
   Treasury Stock000000000
   Other Stockholders Equity 
0
0
0
-10
1,943
10,967
48,387
68,238
0
068,23848,38710,9671,943-10000



6.3. Balance Sheets

Currency in CAD. All numbers in thousands.




6.4. Cash Flows

Currency in CAD. All numbers in thousands.




6.5. Income Statements

Currency in CAD. All numbers in thousands.


6.6. Latest Income Statement

Income Statement (annual), 2024-03-31. Currency in CAD. All numbers in thousands.

Gross Profit (+$)
totalRevenue0
Cost of Revenue--
Gross Profit-0
 
Operating Income (+$)
Gross Profit-
Operating Expense-21,273
Operating Income-21,273-21,273
 
Operating Expense (+$)
Research Development-
Selling General Administrative20,833
Selling And Marketing Expenses-
Operating Expense21,27320,833
 
Net Interest Income (+$)
Interest Income-
Interest Expense--
Other Finance Cost-0
Net Interest Income-
 
Pretax Income (+$)
Operating Income-21,273
Net Interest Income-
Other Non-Operating Income Expenses-
Income Before Tax (EBT)64,404-106,950
EBIT - interestExpense = 0
41,112
41,112
Interest Expense-
Earnings Before Interest and Taxes (EBIT)-64,404
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax64,404
Tax Provision-124
Net Income From Continuing Ops64,28064,280
Net Income41,112
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net85,6770
 

Technical Analysis of Reconnaissance Energy Africa Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Reconnaissance Energy Africa Ltd. The general trend of Reconnaissance Energy Africa Ltd is UNKNOWN with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Reconnaissance Energy Africa Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator StateBullish trend Bearish trend
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Reconnaissance Energy Africa Ltd Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Reconnaissance Energy Africa Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.404 < 0.487 < 0.492.

The bearish price targets are: 0.291.

Know someone who trades $RECAF? Share this with them.👇

Reconnaissance Energy Africa Ltd Daily Support & Resistance Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Reconnaissance Energy Africa Ltd. The current mas is .

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Reconnaissance Energy Africa Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Moving Average Convergence/Divergence (MACD) ChartReconnaissance Energy Africa Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Reconnaissance Energy Africa Ltd. The current adx is .

Reconnaissance Energy Africa Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Relative Strength Index (RSI) ChartReconnaissance Energy Africa Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Stochastic Oscillator ChartReconnaissance Energy Africa Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Commodity Channel Index (CCI) ChartReconnaissance Energy Africa Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Chande Momentum Oscillator (CMO) ChartReconnaissance Energy Africa Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Williams %R ChartReconnaissance Energy Africa Ltd Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Average True Range (ATR) ChartReconnaissance Energy Africa Ltd Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily On-Balance Volume (OBV) ChartReconnaissance Energy Africa Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Reconnaissance Energy Africa Ltd.

Reconnaissance Energy Africa Ltd Daily Money Flow Index (MFI) ChartReconnaissance Energy Africa Ltd Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Reconnaissance Energy Africa Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2025-02-10DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-02-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2025-02-21MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-02-24STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-02-25MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-03-03STOCH LONG EXITThe %K line crosses below the %D line.
2025-03-04STOCH SHORT EXITThe %K line crosses above the %D line.
2025-03-05RSI LONG ENTRY SHORT CLOSE30 crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-03-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-03-13SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2025-03-17DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-03-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-03-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2025-03-20STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2025-03-21CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-03-26SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2025-03-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-02STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-07STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-04-08STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2025-04-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-04-11SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-14STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-04-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-04-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2025-04-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-23STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-25STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-04-28BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-04-29STOCH LONG EXITThe %K line crosses below the %D line.
2025-04-30MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-01STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-07STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-08STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-09STOCH SHORT EXITThe %K line crosses above the %D line.
2025-05-14CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2025-05-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2025-05-20STOCH LONG EXITThe %K line crosses below the %D line.
2025-05-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-27STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2025-05-28STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2025-05-29CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2025-05-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2025-06-09RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2025-06-11STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-12STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-13STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-17STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-18STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-24STOCH LONG EXITThe %K line crosses below the %D line.
2025-06-25CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2025-06-26STOCH SHORT EXITThe %K line crosses above the %D line.
2025-06-27RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2025-06-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.

6.3. Candlestick Patterns

Reconnaissance Energy Africa Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Reconnaissance Energy Africa Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose0.295
Total0/1 (0.0%)
Penke
Good job! You gained 25 XP and 0   0   10 . What's next:
  • Share my analysis of Reconnaissance Energy Africa Ltd with someone you think should read this too:
  • Are you bullish or bearish on Reconnaissance Energy Africa Ltd? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Reconnaissance Energy Africa Ltd? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about Reconnaissance Energy Africa Ltd

I send you an email if I find something interesting about Reconnaissance Energy Africa Ltd.


Comments

How you think about this?

Leave a comment

Stay informed about Reconnaissance Energy Africa Ltd.

Receive notifications about Reconnaissance Energy Africa Ltd in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.