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

Hemisphere Energy Co. (CVE:HME) – Equities researchers at Atb Cap Markets lifted their Q3 2024 EPS estimates for Hemisphere Energy in a note issued to investors on Friday, April 19th. Atb Cap Markets analyst A. Arif now expects 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 raised their price target on shares of Hemisphere Energy from C$1.80 to C$1.90 in a research note on Friday, April 19th.

Hemisphere Energy Stock Performance

HME opened at C$1.74 on Monday. The company has a quick ratio of 0.74, a current ratio of 1.07 and a debt-to-equity ratio of 5.60. The company has a market cap of C$172.85 million, a price-to-earnings ratio of 7.57 and a beta of 2.09. Hemisphere Energy has a 52-week low of C$1.18 and a 52-week high of C$1.74. The firm’s fifty day simple moving average is C$1.60 and its two-hundred day simple moving average is 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.