Q4 Earnings Estimate for CVE:HME Issued By Atb Cap Markets

Hemisphere Energy Co. (CVE:HME) – Equities research analysts at Atb Cap Markets cut their Q4 2024 EPS estimates for shares of Hemisphere Energy in a research report issued to clients and investors on Wednesday, January 29th. Atb Cap Markets analyst A. Arif now forecasts that the company will post earnings per share of $0.08 for the quarter, down from their prior estimate of $0.09. The consensus estimate for Hemisphere Energy’s current full-year earnings is $0.35 per share. Atb Cap Markets also issued estimates for Hemisphere Energy’s FY2025 earnings at $0.32 EPS, FY2026 earnings at $0.30 EPS and FY2027 earnings at $0.25 EPS.

Hemisphere Energy Trading Up 1.1 %

Shares of Hemisphere Energy stock opened at C$1.86 on Monday. The stock has a market cap of C$182.76 million, a PE ratio of 6.41 and a beta of 1.95. The firm has a fifty day moving average price of C$1.84 and a 200 day moving average price of C$1.83. Hemisphere Energy has a 1 year low of C$1.29 and a 1 year high of C$2.03. The company has a debt-to-equity ratio of 4.35, a current ratio of 3.98 and a quick ratio of 0.74.

About Hemisphere Energy

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.