Carbon Streaming (OTCMKTS:OFSTF) Issues Quarterly Earnings Results

Carbon Streaming (OTCMKTS:OFSTF) posted its quarterly earnings results on Monday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. The business had revenue of $0.05 million during the quarter. Carbon Streaming had a negative net margin of 5,329.32% and a negative return on equity of 7.99%.

Carbon Streaming Stock Performance

OFSTF stock traded up $0.01 during midday trading on Wednesday, hitting $0.31. 13,040 shares of the stock were exchanged, compared to its average volume of 46,913. The stock’s 50-day moving average price is $0.33 and its 200-day moving average price is $0.35. The stock has a market cap of $16.44 million, a price-to-earnings ratio of -0.20 and a beta of -61.51. Carbon Streaming has a fifty-two week low of $0.27 and a fifty-two week high of $0.85.

About Carbon Streaming

Carbon Streaming Corporation a carbon credit streaming and royalty company focused on creating shareholder value primarily through the acquisition and sale of carbon credits. It provides capital to carbon projects globally, primarily by entering into or acquiring streaming, royalty or royalty-like arrangements for the purchase of carbon credits.