Equities Analysts Offer Predictions for Hemisphere Energy Co.'s FY2024 Earnings (CVE:HME)

Hemisphere Energy Co. (CVE:HME - Free Report) - Atb Cap Markets boosted their FY2024 earnings per share (EPS) estimates for Hemisphere Energy in a report issued on Monday, April 22nd. Atb Cap Markets analyst A. Arif now expects that the company will post earnings per share of $0.30 for the year, up from their prior estimate of $0.29. The consensus estimate for Hemisphere Energy's current full-year earnings is $0.27 per share.

Separately, ATB Capital lifted their target price on Hemisphere Energy from C$1.80 to C$1.90 in a research report on Friday.

Hemisphere Energy Trading Up 2.4 %

CVE:HME traded up C$0.04 on Tuesday, reaching C$1.74. The company's stock had a trading volume of 85,911 shares, compared to its average volume of 116,946. Hemisphere Energy has a 12-month low of C$1.18 and a 12-month high of C$1.74. 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 firm has a market cap of C$172.85 million, a price-to-earnings ratio of 7.39 and a beta of 2.09. The stock has a 50 day moving average price of C$1.59 and a 200 day moving average price of C$1.40.

Hemisphere Energy Company Profile

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.