Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) released its quarterly earnings data on Monday. The company reported ($0.02) earnings per share for the quarter, Zacks reports. Carbon Streaming had a negative net margin of 24,852.70% and a negative return on equity of 4.10%.
Carbon Streaming Stock Performance
Shares of Carbon Streaming stock remained flat at $0.66 during trading hours on Wednesday. The stock had a trading volume of 10,165 shares, compared to its average volume of 8,187. The company has a market cap of $32.32 million, a price-to-earnings ratio of -1.88 and a beta of 0.33. Carbon Streaming has a 52-week low of $0.28 and a 52-week high of $0.75. The business has a 50 day moving average price of $0.63 and a two-hundred day moving average price of $0.58.
About Carbon Streaming
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.
Further Reading
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