Hemisphere Energy Co. (CVE:HME) Senior Officer Buys C$21,245.10 in Stock

Hemisphere Energy Co. (CVE:HME) Senior Officer Andrew John Arthur bought 11,500 shares of the firm’s stock in a transaction on Monday, October 28th. The shares were purchased at an average cost of C$1.85 per share, with a total value of C$21,245.10.

Hemisphere Energy Stock Performance

Shares of HME stock opened at C$1.87 on Wednesday. The company has a market cap of C$183.75 million, a price-to-earnings ratio of 6.45 and a beta of 1.95. Hemisphere Energy Co. has a 52 week low of C$1.23 and a 52 week high of C$2.03. The company has a quick ratio of 0.74, a current ratio of 3.98 and a debt-to-equity ratio of 4.35. The firm has a 50 day moving average of C$1.84 and a 200-day moving average of C$1.76.

Hemisphere Energy (CVE:HME) last announced its quarterly earnings data on Tuesday, August 20th. The company reported C$0.10 EPS for the quarter, hitting the consensus estimate of C$0.10. The company had revenue of C$22.68 million during the quarter, compared to the consensus estimate of C$26.84 million. Hemisphere Energy had a net margin of 38.45% and a return on equity of 45.52%. On average, equities analysts forecast that Hemisphere Energy Co. will post 0.3499079 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Noble Financial raised shares of Hemisphere Energy to a “strong-buy” rating in a research report on Wednesday, July 17th.

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.