Q4 Earnings Forecast for CVE:HME Issued By Atb Cap Markets

Hemisphere Energy Co. (CVE:HME) – Equities research analysts at Atb Cap Markets lowered their Q4 2024 EPS estimates for shares of Hemisphere Energy in a report released on Wednesday, January 29th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.08 for the quarter, down from their prior forecast of $0.09. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.35 per share. Atb Cap Markets also issued estimates for Hemisphere Energy’s FY2025 earnings at $0.32 EPS, FY2026 earnings at $0.30 EPS and FY2027 earnings at $0.25 EPS.

Hemisphere Energy Stock Performance

Shares of HME stock opened at C$1.81 on Monday. 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 capitalization of C$177.85 million, a P/E ratio of 6.24 and a beta of 1.95. The company’s 50 day moving average price is C$1.84 and its two-hundred day moving average price is C$1.83. Hemisphere Energy has a 52 week low of C$1.29 and a 52 week high of C$2.03.

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.