What is the best price to buy recaf at?
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. RECAF is a great upcoming company that can continue to grow.
What do you think about recaf?
I work for a service company. We never stopped during lock down we figured it out and made it happen if the customer was keen. Positive about recaf is they contributed to covid relief in Namibia. Since the new varient is coming from s Africa I am glad recaf helped with covid. Haywood price target $16.00 Canadian Have a fun trading day.
Is a 50% retracement coming at recaf?
RECAF ran more than 1000% since November and was in need of a healthy correction. Fibonacci trading seems to show a 50% retracement is coming and $3-4 is a good area to accumulate at RECAF - The best new oil stock for 2021?
Does recaf prove an economic hydrocarbon system?
(The long bet is that RECAF proves an economic hydrocarbon system). I anticipate continual sideways movement with possible downward trend until: 1. The five day moving average meets the 50 day moving average. 2. The... Clear descending triangle. 1. Floor is placed at 2.30-2.35. Represents 3.00CAD which must hold for warrants to exercise.
How can I invest in RECAF?
You can buy Reconnaissance Energy Africa shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.
How do I buy Recon Africa stock?
How do I buy Reconnaissance Energy (Africa) shares? To buy shares in Reconnaissance Energy (Africa) you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell.
Should I invest in RECAF?
Our Ai stock analyst implies that there will be a negative trend in the future and the RECAF shares are not a good investment for making money. Since this share has a negative outlook we recommend looking for other projects instead to build a portfolio.
Is RECAF an OTC stock?
Stock Quote (U.S.: OTC) | MarketWatch....Performance.5 Day3.33%YTD-15.92%1 Year-40.97%2 more rows•May 27, 2022
Is Recon Africa a good stock to buy?
Assuming the 90 days horizon and your complete indifference towards market risk, our recommendation regarding Reconnaissance Energy Africa is 'Strong Buy'.
Should I buy Recon Africa stock?
Reconnaissance Energy Africa Ltd holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
What is meant by Reco price?
Reco - This broker has upgraded this stock from it's previous report. (eg. - Sell->Hold) Target - Broker has maintained previous recommendation but increased share price target.
How many outstanding shares does Recaf have?
200.88MOwnershipTypeCommon Stock Held% of Shares OutstandingCorporations (Private)518,5000.26%Individuals / Insiders6.87M3.42%Public and Other193.37M96.26%Total200.88M100.00%1 more row
Ideas
Profile
Have 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!
Component Grades
Reconnaissance Energy Africa Ltd. is a junior oil and natural gas company, which engages in the exploration and development in Namibia and Botswana. It holds interests in the Kavango Basin. The company was founded on June 22, 1978 and is headquartered in Vancouver, Canada.
Reconnaissance Energy Africa Ltd. (RECAF) Company Bio
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Company Profile
Reconnaissance Energy Africa Ltd. operates as an exploration company. The extracts oil and gas. Reconnaissance Energy Africa serves customers in the United Kingdom and Africa.
Analyst Opinions
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in the identification, exploration, and development of oil and/or gas assets in Namibia and Botswana. It holds a 90% interest in a petroleum exploration license that covers an…
Research Reports
The Equity Summary Score is an accuracy-weighted sentiment derived from the ratings of independent research providers on Fidelity.com. It uses the past relative accuracy of the providers in determining the emphasis placed on any individual opinion. Learn More....
Why is the Kavango Basin project so controversial?
This generated report* compiles independent, third-party information highlighting key fundamental and technical data, analyst opinions, stock price movement, earnings data, and industry comparisons. Available only to Fidelity customers.
Is Reconnaissance Energy Africa on fire?
It's largely a play on the Namibian oil find, which the company calls Kavango Basin. The project is controversial due to the environmental harm that it's expected to cause. Several funds and individual investors have been shying away from fossil fuel stocks due to the environmental harm that they cause.
Is Recon Africa a penny stock?
Reconnaissance Energy Africa, also known as Recon Africa, has been on a fire and the stock has gained 2,830 percent over the last year. However, the stock is down 13 percent from its 52-week highs and is in a correction zone.
