Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) posted its earnings results on Wednesday. The company reported ($0.06) EPS for the quarter, Zacks reports. Carbon Streaming had a negative return on equity of 7.74% and a negative net margin of 8,270.00%.
Carbon Streaming Stock Performance
OFSTF remained flat at $0.63 on Friday. 2,330 shares of the company were exchanged, compared to its average volume of 3,578. Carbon Streaming has a 1-year low of $0.42 and a 1-year high of $0.79. The stock has a market capitalization of $31.03 million, a P/E ratio of -15.81 and a beta of 1.09. The business has a 50-day moving average of $0.63 and a 200 day moving average of $0.66.
Carbon Streaming Company Profile
Carbon Streaming Corporation is a Vancouver, British Columbia–based company that specializes in providing upfront financing to carbon credit–generating projects worldwide. Founded in 2019, the company structures long‐term carbon streaming agreements whereby it purchases a fixed portion of carbon credits produced by a given project in exchange for early capital support. These credits can then be sold to corporate and institutional buyers aiming to offset their greenhouse gas emissions.
The company’s portfolio spans a diverse array of nature‐based and clean‐energy initiatives.
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