Q3 2024 EPS Estimates for Hemisphere Energy Co. (CVE:HME) Increased by Analyst

Hemisphere Energy Co. (CVE:HME) – Stock analysts at Atb Cap Markets raised their Q3 2024 earnings per share estimates for Hemisphere Energy in a report released on Friday, April 19th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings per share of $0.08 for the quarter, up from their previous forecast of $0.07. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.27 per share.

Separately, ATB Capital increased their target price on Hemisphere Energy from C$1.80 to C$1.90 in a research report on Friday, April 19th.

Hemisphere Energy Price Performance

Hemisphere Energy stock opened at C$1.74 on Monday. 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$172.85 million, a PE ratio of 7.57 and a beta of 2.09. Hemisphere Energy has a 12 month low of C$1.18 and a 12 month high of C$1.74. The stock has a 50-day moving average price of C$1.60 and a two-hundred day moving average price of C$1.40.

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.