Once the resistance is broken short covering will followHave now proven there is a working conventional petroleum system in the Kavango. Now the objective is to master it. interesting play sitting on apotentailly a world class oil field. Short sellers Viceroy have been accused of“intentionally false allegations”. Close to the buy zone again!
−0.0828 USD
−32.76 M USD
0.00 USD
234.43 M
About RECONNAISSANCE ENERGY AFRICA LTD
Sector
Industry
CEO
Brian C. Reinsborough
Website
Headquarters
Calgary
Founded
1978
FIGI
BBG000HTN1F3
Reconnaissance Energy Africa Ltd. is a Canadian-based junior oil and gas company, which engages in the identification, exploration, and development of oil and gas assets via drilling and acquisition with a focus on Namibia and Botswana. It operates through the following geographical segments: Corporate, Mexico, and Africa. The Corporate segment relates to its office in Vancouver and operations office in Calgary. The Mexico segment refers to the oil and gas operations in Mexico. The Africa segment includes exploration and evaluation of its African assets. The company was founded by Craig Arthur Steinke and J. Jay Park on June 22, 1978 and is headquartered in Calgary, Canada.
RECAF - Bottomed at $4.20, then raced back up to $6.30 Today, RECAF bubbled up by 25%.
An extremely unusual day, a loco Loki of a day. Crude Oil rallied as well, moving back up to normal ranges at $66-67.
Two options for RECAF from here:
1. We see a correction from this little big bull
2. RECAF continues its rise up to previous levels of resista
Analyzing RECAF and USOIL Recently, USOIL and RECAF have both taken a tumble. Named "The Hottest Oil Play in Decades," we surely have more to see from RECAF in 2021 and 2022.
As you can see, USOIL's candlestick progression is clearly notated by the dark grey line displaying price action on the front.
Experts predict USOIL
RECAF Potential Buy Levels ApproachingAfter a spectacular rise from $1 to $12, RECAF has plunged back to $6 USD.
My favorite 'penny stock,' I would love to accumulate RECAF around $3-5 USD and hold for $9-12 USD.
Such a level to accumulate would be statistically safe, and provide excellent 100-300% returns in the following months.
RE
RECO strong downThis one looks like it may have been a pump. There was some amazing volume to start the 1800% gain and has ever since been lacking the valuable property. RECO has formed many patterns that could lead to %10+ trades, but due to the lack of volume, RECO is failing the patterns. From a technical analys
RECAF - The best new oil stock for 2021? I hope this stock doesn't follow the "Sell in May, Go Away" yearly adage.
I first noticed it at $1.80, and was a great buy then. Rumors were circulating that this company had found major oil in Africa.
With the news that they had indeed located liquid gold, the stock shot up, and momentum carried
Overbought at $2.8 but Massive Pump to $6RECAF is one of my favorite stocks this year.
I regret not buying it at $1.8 in my real account, though I did in my paper account on TradingView.
The price target has been lifted to $7.80. I thought it would cap at $5, but they've struck liquid gold, oil.
Potential buy after retracement from high
See all ideas
Summarizing what the indicators are suggesting.
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of RECAF is 0.3900 USD — it has increased by 1.56% in the past 24 hours. Watch Reconnaissance Energy Africa Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange Reconnaissance Energy Africa Ltd. stocks are traded under the ticker RECAF.
RECAF stock has fallen by −2.50% compared to the previous week, the month change is a −6.42% fall, over the last year Reconnaissance Energy Africa Ltd. has showed a −34.93% decrease.
We've gathered analysts' opinions on Reconnaissance Energy Africa Ltd. future price: according to them, RECAF price has a max estimate of 1.83 USD and a min estimate of 1.50 USD. Watch RECAF chart and read a more detailed Reconnaissance Energy Africa Ltd. stock forecast: see what analysts think of Reconnaissance Energy Africa Ltd. and suggest that you do with its stocks.
RECAF reached its all-time high on Jun 24, 2021 with the price of 11.2300 USD, and its all-time low was 0.0180 USD and was reached on Feb 29, 2016. View more price dynamics on RECAF chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
RECAF stock is 9.59% volatile and has beta coefficient of 0.75. Track Reconnaissance Energy Africa Ltd. stock price on the chart and check out the list of the most volatile stocks — is Reconnaissance Energy Africa Ltd. there?
Today Reconnaissance Energy Africa Ltd. has the market capitalization of 99.31 M, it has increased by 4.80% over the last week.
Yes, you can track Reconnaissance Energy Africa Ltd. financials in yearly and quarterly reports right on TradingView.
RECAF net income for the last quarter is −4.01 M USD, while the quarter before that showed −4.89 M USD of net income which accounts for 18.08% change. Track more Reconnaissance Energy Africa Ltd. financial stats to get the full picture.
No, RECAF doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Apr 18, 2025, the company has 42 employees. See our rating of the largest employees — is Reconnaissance Energy Africa Ltd. on this list?
Like other stocks, RECAF shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Reconnaissance Energy Africa Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Reconnaissance Energy Africa Ltd. technincal analysis shows the neutral today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Reconnaissance Energy Africa Ltd. stock shows the sell signal. See more of Reconnaissance Energy Africa Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.