Noble Financial Brokers Boost Earnings Estimates for CVE:HME

Hemisphere Energy Co. (CVE:HME) – Equities research analysts at Noble Financial raised their FY2024 earnings per share (EPS) estimates for Hemisphere Energy in a research note issued to investors 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 forecast 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 Trading Up 1.1 %

Hemisphere Energy stock opened at C$1.86 on Monday. Hemisphere Energy has a 52 week low of C$1.29 and a 52 week high of C$2.03. The company has a debt-to-equity ratio of 4.35, a quick ratio of 0.74 and a current ratio of 3.98. The firm has a market capitalization of C$182.76 million, a price-to-earnings ratio of 6.41 and a beta of 1.95. The company has a 50 day moving average price of C$1.84 and a 200 day moving average price of 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.