FY2024 EPS Estimate for Hemisphere Energy Raised by Analyst

Hemisphere Energy Co. (CVE:HME) – Analysts at Noble Financial boosted their FY2024 earnings per share estimates for shares of Hemisphere Energy in a research note issued on Thursday, January 30th. Noble Financial analyst M. Reichman now anticipates that the company will post earnings of $0.32 per share for the year, up from their prior estimate of $0.31. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.35 per share. Noble Financial also issued estimates for Hemisphere Energy’s Q4 2024 earnings at $0.06 EPS and FY2025 earnings at $0.37 EPS.

Hemisphere Energy Stock Performance

Hemisphere Energy stock opened at C$1.82 on Monday. The stock has a market cap of C$178.83 million, a PE ratio of 6.28 and a beta of 1.95. The company has a quick ratio of 0.74, a current ratio of 3.98 and a debt-to-equity ratio of 4.35. Hemisphere Energy has a 12-month low of C$1.29 and a 12-month high of C$2.03. The business’s 50-day moving average price is C$1.84 and its two-hundred day moving average price is C$1.83.

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.