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

Hemisphere Energy Co. (CVE:HME) – Equities researchers at Atb Cap Markets upped their Q3 2024 EPS estimates for Hemisphere Energy in a research note issued on Friday, April 19th. Atb Cap Markets analyst A. Arif now forecasts that the company will earn $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 target price on shares of Hemisphere Energy from C$1.80 to C$1.90 in a report on Friday.

Hemisphere Energy Stock Down 2.3 %

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

About Hemisphere Energy

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.