Hemisphere Energy Co. (CVE:HME – Free Report) – Stock analysts at Noble Financial reduced their Q1 2024 EPS estimates for shares of Hemisphere Energy in a research report issued on Monday, April 22nd. Noble Financial analyst M. Heim now expects that the company will post earnings of $0.05 per share for the quarter, down from their previous estimate of $0.08. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.27 per share. Noble Financial also issued estimates for Hemisphere Energy’s FY2025 earnings at $0.20 EPS.
Separately, ATB Capital boosted their price target on shares of Hemisphere Energy from C$1.80 to C$1.90 in a report on Friday, April 19th.
Hemisphere Energy Price Performance
Shares of HME stock opened at C$1.74 on Wednesday. Hemisphere Energy has a 12-month low of C$1.18 and a 12-month high of C$1.75. The firm has a market capitalization of C$172.85 million, a price-to-earnings ratio of 7.57 and a beta of 2.09. The company has a quick ratio of 0.74, a current ratio of 1.07 and a debt-to-equity ratio of 5.60. The firm has a fifty day moving average of C$1.60 and a 200-day moving average of C$1.41.
About Hemisphere Energy
Hemisphere Energy Corporation acquires, explores for, 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; and Jenner property situated in southeastern Alberta. The company was formerly known as Northern Hemisphere Development Corp.
Recommended Stories
- Five stocks we like better than Hemisphere Energy
- How to Use the MarketBeat Stock Screener
- High-Yield Texas Instruments Could Hit New Highs Soon
- Investing in Construction Stocks
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- What is a Death Cross in Stocks?
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
Receive News & Ratings for Hemisphere Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hemisphere Energy and related companies with MarketBeat.com's FREE daily email newsletter.