Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) released its quarterly earnings results on Wednesday. The company reported ($0.06) earnings per share (EPS) for the quarter, Zacks reports. Carbon Streaming had a negative return on equity of 0.17% and a negative net margin of 8,270.00%.
Carbon Streaming Trading Down 3.5%
OFSTF stock opened at $0.63 on Thursday. The company’s 50 day simple moving average is $0.64 and its 200-day simple moving average is $0.66. Carbon Streaming has a 12 month low of $0.42 and a 12 month high of $0.79.
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.
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