CVE:HME FY2024 EPS Forecast Increased by Noble Financial

Hemisphere Energy Co. (CVE:HME - Free Report) - Equities research analysts at Noble Financial increased their FY2024 EPS estimates for Hemisphere Energy in a note issued to investors on Thursday, January 30th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings per share of $0.32 for the year, up from their previous estimate of $0.31. The consensus estimate for Hemisphere Energy's current full-year earnings is $0.35 per share. Noble Financial also issued estimates for Hemisphere Energy's Q4 2024 earnings at $0.06 EPS and FY2025 earnings at $0.37 EPS.

Hemisphere Energy Stock Down 0.6 %

Shares of CVE HME traded down C$0.01 during mid-day trading on Monday, reaching C$1.80. The company had a trading volume of 194,157 shares, compared to its average volume of 100,086. The stock has a market capitalization of C$176.87 million, a PE ratio of 6.21 and a beta of 1.95. Hemisphere Energy has a twelve month low of C$1.34 and a twelve month 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 stock's 50 day moving average is C$1.84 and its 200-day moving average is C$1.83.

Hemisphere Energy Company Profile

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.