CBM Asia Development Corp (CVE:TCF) to Post Q3 2024 Earnings of ($0.01) Per Share, Ventum Cap Mkts Forecasts

CBM Asia Development Corp (CVE:TCF) – Investment analysts at Ventum Cap Mkts issued their Q3 2024 EPS estimates for shares of CBM Asia Development in a research note issued on Wednesday, August 28th. Ventum Cap Mkts analyst A. Gill forecasts that the company will earn ($0.01) per share for the quarter. Ventum Cap Mkts has a “Strong-Buy” rating on the stock. Ventum Cap Mkts also issued estimates for CBM Asia Development’s Q4 2024 earnings at $0.01 EPS, FY2024 earnings at $0.00 EPS, Q1 2025 earnings at $0.01 EPS, Q2 2025 earnings at $0.02 EPS, Q3 2025 earnings at $0.04 EPS, Q4 2025 earnings at $0.05 EPS and FY2025 earnings at $0.12 EPS.

CBM Asia Development Stock Performance

CBM Asia Development has a 52-week low of C$14.58 and a 52-week high of C$25.70.

About CBM Asia Development

CBM Asia Development Corp. (CBMA) is a Canada-based unconventional gas company with coalbed methane (CBM) exploration and development opportunities in Indonesia. The Company holds various participating interests in five production sharing contracts (PSC) for CBM in Indonesia. The Company has operations in south Sumatra, which includes sekayu PSC; central Sumatra, which includes Hulu PSC and east Kalimantan, which includes Kutai-west PSC and Bentian besar PSC.