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Reconnaissance Energy Africa(OTC) RECAF

Market Cap$191.90MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2019)+170%
5 Year-92%
1 Year+40%
1 Month-11%
$0.51
-0.20%
-0.00Today
Reconnaissance Energy Africa last closing stock price
MetricPriceDate
Last closeUSD 0.512026-08-26
Reconnaissance Energy Africa stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+1.41%USD 0.502026-08-19
1 month-10.75%USD 0.572026-07-27
3 month-38.05%USD 0.822026-05-28
Year to date-26.06%USD 0.682025-12-31
1 year+40.21%USD 0.362025-08-26
3 year-49.5%USD 1.002023-08-25
5 year-91.51%USD 5.952021-08-27
Since inception+169.64%USD 0.192019-09-24

Reconnaissance Energy Africa Financials at a Glance

Market Cap

$191.90MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

CA$0.00

Net Income (TTM)

-CA$15.33M

EPS (TTM)

-$0.03

P/E Ratio

-15.83

Dividend

$0.00

Beta (Volatility)

0.98 (Low)

Price

$0.51

Volume

324,155

Open

$0.51

Previous Close

$0.51

Daily Range

$0.50 - $0.51

52-Week Range

$0.30 - $0.99

Estimated Earnings Date

Aug 27, 2026

RECAF News

No articles available.

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About Reconnaissance Energy Africa

Reconnaissance Energy Africa Ltd. is an emerging upstream oil and gas company focused on exploring and developing hydrocarbon potential in Namibia and Botswana. The company holds significant petroleum exploration licenses, covering over 34,000 square kilometers across these regions.

Products and Services
  • Exploration and development of oil and gas resources
  • Petroleum exploration licenses in Namibia and Botswana
  • Geological and geophysical surveys to assess hydrocarbon potential
Growth Outlook
  • Strategic focus on expanding exploration activities in underexplored regions
  • Potential for significant resource discoveries in Namibia and Botswana
  • Strong cash position with over CAD 24 million in cash as of June 2026
Financial Highlights
  • Net income of CAD -4.18 million in Q2 2026, reflecting ongoing investment in exploration
  • Cash and cash equivalents of CAD 24.25 million, providing financial stability
  • Current ratio of 5.78, indicating strong liquidity position
Reconnaissance Energy Africa Ltd. is positioned in a promising sector with substantial exploration potential. The company’s focus on Namibia and Botswana, regions known for their untapped hydrocarbon resources, presents opportunities for future growth. The financial metrics indicate a solid cash position, which is crucial for funding ongoing exploration and development activities. Despite recent net losses, the company’s strategic investments may lead to significant returns as exploration progresses. The current ratio suggests that the company is well-equipped to meet its short-term obligations, further enhancing its appeal to potential investors.
AI Generated • Aug 21, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

44

CEO

Brian C. Reinsborough

Website

www.reconafrica.com

Headquarters

Calgary, AB T2P 3M3, CA

RECAF Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

0.00%

Net Income Margin

0.00%

Return on Equity

-6.71%

Return on Capital

-7.84%

Return on Assets

-6.02%

Earnings Yield

-6.32%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$191.90MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

379.97M

Volume

324.15K

Avg. Volume

724.78K

Financials (TTM)

Gross Profit

-CA$81.11K

Operating Income

-CA$15.97M

EBITDA

-CA$15.93M

Operating Cash Flow

-CA$12.79M

Capital Expenditure

-CA$26.93M

Free Cash Flow

-CA$28.61M

Cash & ST Invst.

CA$24.25M

Total Debt

CA$0.00

Reconnaissance Energy Africa Performance Analysis

Reconnaissance Energy Africa annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20232023-03-31CAD 0N/A
20242024-03-31CAD 0N/A
20242024-12-31CAD 0N/A
20252025-12-31CAD 0N/A
Reconnaissance Energy Africa sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/A
Q22026-06-30N/A
Reconnaissance Energy Africa annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20232023-03-31CAD -0.229.0%
20242024-03-31CAD -0.16-28.4%
20242024-12-31CAD -0.08-28.4%
20252025-12-31CAD -0.04-49.6%
Reconnaissance Energy Africa sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q32025-09-30-5.0%
Q42025-12-3134.5%
Q12026-03-31-2.1%
Q22026-06-30-10.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

CA$0.00

N/A

Gross Profit

-CA$20.73K

+54.4%

Gross Margin

0.00%

N/A

Market Cap

$191.90MMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$6.85M

N/A

Employees

28

N/A

Net Income

-CA$4.18M

-9.6%

EBITDA

-CA$4.21M

-10.8%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

CA$24.25M

+40.5%

Total Debt

CA$0.00

N/A

Accounts Receivable

CA$1.56M

+91.5%

Inventory

CA$0.00

N/A

Long Term Debt

CA$0.00

N/A

Short Term Debt

CA$0.00

N/A

Return on Assets

-6.02%

N/A

Return on Invested Capital

-6.39%

N/A

Free Cash Flow

-CA$3.21M

+46.4%

Operating Cash Flow

-CA$3.21M

-67.5%

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Questions About RECAF

What is the current price of Reconnaissance Energy Africa?

Reconnaissance Energy Africa is trading at $0.51 per share.

What is the 52-week range for Reconnaissance Energy Africa?

Over the past 52 weeks, Reconnaissance Energy Africa has traded between $0.30 and $0.99.

How much debt does Reconnaissance Energy Africa have?

As of the most recent reporting period, Reconnaissance Energy Africa reported total debt of CA$0.00.

How much cash does Reconnaissance Energy Africa have on hand?

Reconnaissance Energy Africa reported CA$17.09M in cash and cash equivalents in its most recent financial results.

What is Reconnaissance Energy Africa’s dividend yield?

Reconnaissance Energy Africa does not currently have a dividend yield.

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