Atb Cap Markets Has Strong Estimate for CVE:HME Q4 Earnings

Hemisphere Energy Co. (CVE:HME) – Research analysts at Atb Cap Markets upped their Q4 2024 EPS estimates for shares of 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 of $0.09 per share for the quarter, up from their previous forecast of $0.08. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.35 per share.

Hemisphere Energy Stock Performance

CVE HME opened at C$1.88 on Monday. The firm has a market capitalization of C$184.73 million, a price-to-earnings ratio of 6.48 and a beta of 1.95. The company has a debt-to-equity ratio of 4.35, a quick ratio of 0.74 and a current ratio of 3.98. Hemisphere Energy has a one year low of C$1.23 and a one year high of C$2.03. The company’s 50 day moving average price is C$1.87 and its 200 day moving average price is C$1.78.

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.