CBM Asia Development Corp (CVE:TCF – Free Report) – Investment analysts at Echelon Wealth Partners increased their Q4 2024 earnings estimates for shares of CBM Asia Development in a note issued to investors on Friday, April 26th. Echelon Wealth Partners analyst A. Gill now forecasts that the company will post earnings per share of $0.04 for the quarter, up from their previous estimate of $0.03. Echelon Wealth Partners also issued estimates for CBM Asia Development’s FY2025 earnings at $0.22 EPS.
CBM Asia Development Stock Performance
CBM Asia Development has a 12 month low of C$14.58 and a 12 month high of C$25.70.
About CBM Asia Development
CBM Asia Development Corp. (CBMA) is a Canada-based unconventional gas company with coalbed methane (CBM) exploration and development opportunities in Indonesia. The Company holds various participating interests in five production sharing contracts (PSC) for CBM in Indonesia. The Company has operations in south Sumatra, which includes sekayu PSC; central Sumatra, which includes Hulu PSC and east Kalimantan, which includes Kutai-west PSC and Bentian besar PSC.
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