Base Carbon (OTCMKTS:BCBNF) Announces Quarterly Earnings Results, Hits Estimates

Base Carbon (OTCMKTS:BCBNF) posted its quarterly earnings results on Friday. The company reported ($0.02) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.02), Zacks reports.

Base Carbon Price Performance

Base Carbon stock opened at $0.43 on Friday. Base Carbon has a fifty-two week low of $0.35 and a fifty-two week high of $0.84. The stock has a 50-day simple moving average of $0.44 and a 200-day simple moving average of $0.57.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Base Carbon to a “hold” rating in a research report on Wednesday, June 10th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Base Carbon Company Profile

Base Carbon Inc, together with its subsidiaries, engages in the provision of capital, development expertise, and management operating resources to projects involved primarily in voluntary carbon markets and the broader environmental markets. It engages with corporations, sovereign entities, academic institutions, and carbon reduction project developers to produce and commercialize verified carbon credits. The company was formerly known as 1287411 B.C. Ltd. and changed its name to Base Carbon Inc in February 2022.