Carbon Streaming (OTCMKTS:OFSTF) Shares Up 5.3% – Still a Buy?

Carbon Streaming Corporation (OTCMKTS:OFSTF) was up 5.3% during trading on Tuesday . The stock traded as high as $0.6604 and last traded at $0.6589. Approximately 10,165 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 8,187 shares. The stock had previously closed at $0.6256.

Carbon Streaming Trading Down 1.3%

The company has a market capitalization of $31.91 million, a P/E ratio of -13.01 and a beta of 0.51. The firm’s 50 day moving average price is $0.64 and its two-hundred day moving average price is $0.58.

Carbon Streaming (OTCMKTS:OFSTF) last announced its quarterly earnings data on Monday, March 30th. The company reported ($0.02) EPS for the quarter. Carbon Streaming had a negative return on equity of 4.10% and a negative net margin of 24,852.70%.

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.