Accessibility Menu
Reconnaissance Energy Africa logo

Reconnaissance Energy Africa(OTC) RECAF

Market Cap$211.83MMarket 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)+198%
5 Year-94%
1 Year+64%
1 Month-26%
$0.61
+8.63%
+0.05Today
Reconnaissance Energy Africa last closing stock price
MetricPriceDate
Last closeUSD 0.562026-07-31
Reconnaissance Energy Africa stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-3.38%USD 0.582026-07-24
1 month-25.66%USD 0.752026-07-01
3 month-32.78%USD 0.832026-05-01
Year to date-18.38%USD 0.682025-12-31
1 year+64.41%USD 0.342025-07-31
3 year-49.09%USD 1.102023-08-01
5 year-93.73%USD 8.892021-07-30
Since inception+197.65%USD 0.192019-09-24

Reconnaissance Energy Africa Financials at a Glance

Market Cap

$211.83MMarket 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$14.96M

EPS (TTM)

-$0.03

P/E Ratio

-16.30

Dividend

$0.00

Beta (Volatility)

0.96 (Low)

Price

$0.61

Volume

781,075

Open

$0.57

Previous Close

$0.61

Daily Range

$0.56 - $0.64

52-Week Range

$0.30 - $0.99

Estimated Earnings Date

Aug 27, 2026

RECAF News

No articles available.

Motley Fool Moneyball Superscore

Our CEO Is Handing Members His Secret Weapon

It's called Motley Fool Moneyball, our new proprietary AI tool

We spent over half a million dollars in R&D to build a tool that makes stock research faster, sharper, and smarter. Our analysts use it every day, and now, you can too.

Get Access Now

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 both countries.

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
  • 90% interest in a large exploration license in Namibia
  • 100% working interest in a separate license in Botswana
  • Strategic focus on expanding operations in underexplored regions
Financial Highlights
  • Recent quarterly net income of -$3.67 million
  • Cash and cash equivalents of $30.41 million as of March 31, 2026
  • Current ratio of 10.74 indicates strong liquidity position
Reconnaissance Energy Africa Ltd. is positioned in the oil and gas exploration and production sector, with a strategic focus on underexplored regions in Southern Africa. The company’s substantial land holdings in Namibia and Botswana provide a solid foundation for future growth. Despite recent financial challenges, including quarterly net losses, the company maintains a robust liquidity position, as evidenced by its significant cash reserves. The current ratio of 10.74 suggests that the company is well-equipped to meet its short-term obligations. Investors may find the company's exploration potential and strategic focus on expanding operations appealing as it navigates the complexities of the energy sector.
AI Generated • Jul 21, 2026

Industry

Oil, Gas and Consumable Fuels

Sector

Energy

Employees

44

CEO

Brian C. Reinsborough

Website

www.reconafrica.com

Headquarters

Calgary, AB V7X 1A1, CA

RECAF Financials

Key Financial Metrics (TTM)

Gross Margin

0.00%

Operating Margin

0.00%

Net Income Margin

0.00%

Return on Equity

-6.97%

Return on Capital

-7.84%

Return on Assets

-5.98%

Earnings Yield

-6.13%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$211.83MMarket 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

781.08K

Avg. Volume

626.49K

Financials (TTM)

Gross Profit

-CA$105.82K

Operating Income

-CA$15.54M

EBITDA

-CA$15.52M

Operating Cash Flow

-CA$11.49M

Capital Expenditure

-CA$31.00M

Free Cash Flow

-CA$31.39M

Cash & ST Invst.

CA$30.41M

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
Q22025-06-30N/A
Q32025-09-30N/A
Q42025-12-31N/A
Q12026-03-31N/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
Q22025-06-3017.1%
Q32025-09-30-5.0%
Q42025-12-3134.5%
Q12026-03-31-2.1%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

CA$0.00

N/A

Gross Profit

-CA$20.58K

+72.0%

Gross Margin

0.00%

N/A

Market Cap

$211.83MMarket 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

$7.57M

N/A

Employees

28

N/A

Net Income

-CA$3.67M

+18.7%

EBITDA

-CA$3.77M

+16.7%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

CA$30.41M

+415.5%

Total Debt

CA$0.00

N/A

Accounts Receivable

CA$2.48M

+83.5%

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

-5.98%

N/A

Return on Invested Capital

-6.29%

N/A

Free Cash Flow

-CA$2.94M

+46.8%

Operating Cash Flow

-CA$2.94M

-66.5%

Other Investments to Explore

People Also Watch

Symbol / CompanyPricePrice Chg
LNDNFOrrön Energy AB (publ)
$0.88+17.79%
CVONFCarnarvon Energy Limited
$0.08+2.50%
BDRSFBorders & Southern Petroleum plc
$0.16+0.00%
AEXFFAminex PLC
$0.03+0.00%

Trending Stocks

Symbol / CompanyPricePrice Chg
SQQQProShares Trust - ProShares UltraPro Short Qqq
$41.43-0.05%
NVDANvidia
$206.64+0.03%
TSLLDirexion Shares ETF Trust - Direxion Daily Tsla Bull 2x Shares
$7.81+0.07%
INTCIntel
$91.00+0.01%

Questions About RECAF

What is the current price of Reconnaissance Energy Africa?

Reconnaissance Energy Africa is trading at $0.61 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$21.73M 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.

Premium Investing Services

Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.

View Premium Services