CBM Asia Development Corp Forecasted to Post Q2 2024 Earnings of ($0.01) Per Share (CVE:TCF)

CBM Asia Development Corp (CVE:TCFFree Report) – Investment analysts at Echelon Wealth Partners issued their Q2 2024 earnings per share (EPS) estimates for shares of CBM Asia Development in a research note issued on Monday, April 8th. Echelon Wealth Partners analyst A. Gill forecasts that the company will earn ($0.01) per share for the quarter. Echelon Wealth Partners also issued estimates for CBM Asia Development’s Q3 2024 earnings at $0.00 EPS, FY2024 earnings at $0.01 EPS and FY2025 earnings at $0.16 EPS.

CBM Asia Development Price Performance

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

About CBM Asia Development

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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.

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