Atb Cap Markets Issues Positive Outlook for CVE:HME Earnings

Hemisphere Energy Co. (CVE:HME) – Equities researchers at Atb Cap Markets lifted their Q4 2024 earnings per share (EPS) estimates for shares of Hemisphere Energy in a report issued on Thursday, November 21st. Atb Cap Markets analyst A. Arif now expects that the company will earn $0.09 per share for the quarter, up from their prior forecast of $0.08. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.35 per share.

Hemisphere Energy Price Performance

HME stock opened at C$1.88 on Monday. The company has a market capitalization of C$184.73 million, a P/E ratio of 6.48 and a beta of 1.95. The firm has a 50 day simple moving average of C$1.87 and a 200-day simple moving average of C$1.78. The company has a current ratio of 3.98, a quick ratio of 0.74 and a debt-to-equity ratio of 4.35. Hemisphere Energy has a twelve month low of C$1.23 and a twelve month high of C$2.03.

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.