Reconnaissance Energy Africa

RECO.V

Oil & Gas Exploration & Production · Energy

Exchange

Toronto Stock Exchange Ventures

Winston Score

–

No score yet — Winston is napping.

We couldn’t gather enough financial data to score this stock reliably.

Reconnaissance Energy Africa Ltd. is a Canadian oil and gas exploration company focused on finding oil and natural gas in Africa. Its main asset is a large exploration license covering roughly 8.5 million acres in the Kavango Basin, which spans Botswana and Namibia. The company is in the early exploration stage, meaning it has not yet produced or sold any oil or gas commercially.

Because it is still exploring, the company currently earns no revenue and spends money drilling wells and running geological studies. It is funded primarily through equity raises and is headquartered in Vancouver, Canada, with all field operations in southern Africa. The biggest risk the company faces is that exploration-stage companies frequently fail to find oil in commercially viable quantities, and even a confirmed discovery would require years of additional investment before generating any income.

Winston Score History

Growth Profile

For growth stock investors

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

Revenue data limited

EPS Growth

+41.8% YoY

YoY Growth Rate

EPS growth accelerating

Insider Activity

7.7%ownership

Insiders own a meaningful stake in the company

Cash Runway

~3 years

$30M cash & investments

Quarterly Free Cash Flow

→ Burn rate stable

$30M cash & investments at current burn rate

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Gross Margin

N/A

—

Data not available

Operating Margin

N/A

—

Data not available

ROCE

-1.5%

Weak — -1.5% return on capital

Negative ROIC means the business is losing money on every dollar invested in it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales YoY

N/A

Data not available

EPS YoY

N/A

—

Data not available

EPS Consistency

0/8 quarters

Earnings rarely grow — volatile business

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Cash Conversion

N/A

—

Data not available

FCF Margin

N/A

—

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

Debt / Equity

N/A

Data not available

Interest Cover

N/A

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

P/E Ratio (TTM)

N/M

no trend

Negative earnings — P/E not meaningful

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial