reconafrica stock price target

RECO announced that they closed a C414 million bought deal. RECAF stock quote history news and other vital information to help you with your stock trading and investing.

Is Recon Africa Recaf Stock A Good Buy Or Should You Stay Away

Overnight ReconAfrica released a positive operations update on its exploration program in the Kavango Basin in northeast Namibia.

. Haywood Lifts Price Target To 1600 Following Operational Update. Neither the TSXV nor its Regulation Services Provider as that term is. All in all the 17 recent reviews on DVN include 14 Buys and 3 Holds supporting the Strong Buy analyst consensus.

The company sold 4358040 units at a price of C950 each. It is calculated by dividing a companys price per share by its earnings per. The stocks average price target of 1556 implies a 60 upside from the current trading price of 975.

As such we focus on our total risked NAV which includes our upside estimate of the best prospective resource potential in the Kavango Basin. Shallow Section of the 2nd Exploration Well Uncovers Oil Gas Shows OUR TAKE. Reconnaissance Energy Africa Ltd.

0 brokerages have issued 1 year target prices for Reconnaissance Energy Africas shares. ReconAfrica is a junior oil and gas company engaged in the opening of the newly discovered deep Kavango Sedimentary Basin in northeastern Namibia and northwestern Botswana where the Company holds petroleum licenses comprising approximately 875 million contiguous acres. The Reconnaissance Energy Africa Ltd stock price gained 151 on the last trading day Friday 25th Mar 2022 rising from 465 to 472During the day the stock fluctuated 237 from a day low at 464 to a day high of 475The price has fallen in 6 of the last 10 days but is still up by 261 over the past 2 weeks.

Results from the first well have now confirmed there is an active petroleum system in the basin. View real-time stock prices and stock quotes for a full financial overview. Volume fell on the last day by -5 thousand shares.

This suggests a possible upside of 1716 from the stocks current price. That makes the supergiant look rather undervalued trading for just 16 times its 2021 forecast earnings. Find the latest Reconnaissance Energy Africa Ltd.

On June 24th ReconAfrica CVE. Youll find the Reconnaissance Energy Africa share forecasts stock quote and buy sell signals below. The PE ratio or price-to-earnings ratio is the one of the most popular valuation measures used by stock market investors.

2 Reconnaissance Energy Africa TSXV. A conservative 120 bbl according to Jarvie with 16 commercially recoverable equals 20 bbl times the 50 per bbl stock price would be 1000 and very appreciated. Stock analysis for Reconnaissance Energy Africa Ltd RECOVenture including stock price stock chart company news key statistics fundamentals and company profile.

Find the latest Reconnaissance Energy Africa Ltd. On May 17th ReconAfrica CVE. RECAF Complete Reconnaissance Energy Africa Ltd.

Their forecasts range from 1600 to 1600. The shares last closed at CA647. ReconAfricas stock price in Frankfurt surged 45 from 234 276 to 337 in early morning trading on Thursday after it said preliminary.

Add to that a healthy 576 dividend. The Company or ReconAfrica TSXV. RECAF 463 009 191.

STOCK PRICE RATING TARGET PRICE 804 BUY 1250 COMPANY UPDATE Positive Update from the Kavango. 0XD is pleased to announce that it has completed its previously announced bought deal offering the Offering of units the Units for gross proceeds of C47466250. And it appears it.

Highly doubtful it will ever go to 0. The Reconnaissance Energy Africa PE ratio based on its reported earnings over the past 12 months is null. According to present data Reconnaissance Energy Africas RECAF shares and potentially its market environment have been in a bullish cycle in the last 12 months if exists.

Stock price after drilling and finding oil will probably be around 24 like Haywood has said previously. Even if they show no results after the first 3 holes they still have enough money now with warrants exercised for them to drill a additional 3. Voices of Kavango - Chapter 3 from ReconAfrica on Vimeo.

Haywood Resumes Coverage With 1250 Price Target. And this stock looks golden. 2021 ReconAfrica gained over 580 in valuation.

TARGET PRICE ReconAfrica is an early stage resource exploration resource play. Stock news by MarketWatch. Additionally the company announced that they are.

BMO has a 69 price target over the next 12 months. In arriving at our 12-month target price of 250share we have risked this upside potential by a 6 chance. Each unit equates to one share plus one-half warrant which can be exchanged into common at a price of C1450.

Price definitely would be between 100 and 1000 if wallstreetbets gets involved to rid the shorts. Reconnaissance Energy Africa Ltd OTC Updated Mar 28 2022 757 PM. RECO provided an operational and COVID-19 update wherein the company announced that they are taking a break drilling due to maintenance issues but expect drilling to resume shortly.

BMO has a 69 price target over the next 12 months. RECOV stock quote history news and other vital information to help you with your stock trading and investing. On average they expect Reconnaissance Energy Africas stock price to reach 1600 in the next year.

His 18 price target is indicative of an 106 one-year upside potential. RECONAFRICA ANNOUNCES COMPLETION OF C475 MILLION BOUGHT DEAL OFFERING. ReconAfrica is using proven safe and effective technologies and applying rigorous safety and environmental protection standards in all aspects of our operations in Namibia.

Wall Street Stock Market Finance report prediction for the future.

Reconafrica Haywood Lifts Price Target To 16 00 Following Operational Update The Deep Dive