FY2024 EPS Estimates for CVE:HAM Increased by Analyst

Highwood Asset Management Ltd. (CVE:HAM - Free Report) - Equities research analysts at Ventum Cap Mkts boosted their FY2024 EPS estimates for Highwood Asset Management in a research note issued on Wednesday, March 12th. Ventum Cap Mkts analyst A. Gill now expects that the company will post earnings per share of $1.93 for the year, up from their prior estimate of $1.70. The consensus estimate for Highwood Asset Management's current full-year earnings is $1.78 per share. Ventum Cap Mkts also issued estimates for Highwood Asset Management's Q1 2025 earnings at $0.30 EPS.

Highwood Asset Management Price Performance

Shares of HAM stock traded up C$0.15 on Thursday, hitting C$5.65. The stock had a trading volume of 7,100 shares, compared to its average volume of 7,208. The business has a 50 day moving average of C$5.83 and a 200 day moving average of C$5.85. Highwood Asset Management has a 12-month low of C$4.85 and a 12-month high of C$7.59. The stock has a market cap of C$83.85 million, a price-to-earnings ratio of 1.04 and a beta of -0.90.

Insider Buying and Selling

In other news, Director Raymond Kwan bought 11,900 shares of the stock in a transaction on Thursday, December 19th. The shares were purchased at an average cost of C$5.75 per share, for a total transaction of C$68,425.00. 54.00% of the stock is currently owned by corporate insiders.

Highwood Asset Management Company Profile

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments.