Hemisphere Energy Co. Expected to Earn Q3 2024 Earnings of $0.08 Per Share (CVE:HME)

Hemisphere Energy Co. (CVE:HME) – Equities research analysts at Atb Cap Markets increased their Q3 2024 EPS estimates for shares of Hemisphere Energy in a research report issued to clients and investors on Friday, April 19th. Atb Cap Markets analyst A. Arif now expects that the company will post earnings of $0.08 per share for the quarter, up from their previous estimate of $0.07. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.27 per share.

Separately, ATB Capital upped their price objective on shares of Hemisphere Energy from C$1.80 to C$1.90 in a research note on Friday.

Hemisphere Energy Trading Down 2.3 %

Shares of HME stock opened at C$1.70 on Monday. Hemisphere Energy has a twelve month low of C$1.18 and a twelve month high of C$1.74. The firm has a 50-day moving average price of C$1.58 and a 200 day moving average price of C$1.40. The company has a current ratio of 1.07, a quick ratio of 0.74 and a debt-to-equity ratio of 5.60. The company has a market capitalization of C$168.88 million, a price-to-earnings ratio of 7.39 and a beta of 2.09.

Hemisphere Energy Company Profile

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.