Equities Analysts Offer Predictions for CVE:HME Q4 Earnings

Hemisphere Energy Co. (CVE:HME) – Stock analysts at Atb Cap Markets increased their Q4 2024 EPS estimates for Hemisphere Energy in a note issued to investors on Thursday, November 21st. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings per share of $0.09 for the quarter, up from their previous estimate of $0.08. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.35 per share.

Hemisphere Energy Trading Down 3.6 %

Shares of Hemisphere Energy stock opened at C$1.88 on Monday. Hemisphere Energy has a fifty-two week low of C$1.23 and a fifty-two week high of C$2.03. The company has a debt-to-equity ratio of 4.35, a quick ratio of 0.74 and a current ratio of 3.98. The company has a market cap of C$184.73 million, a P/E ratio of 6.48 and a beta of 1.95. The firm has a 50-day simple moving average of C$1.87 and a two-hundred day simple moving average of C$1.78.

About Hemisphere Energy

Hemisphere Energy Corporation acquires, explores, develops, and produces petroleum and natural gas interests in Canada. It primarily owns a 100% interest in the Atlee Buffalo property located in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp. and changed its name to Hemisphere Energy Corporation in April 2009.