Equities Analysts Issue Forecasts for CVE:HME Q1 Earnings

Hemisphere Energy Co. (CVE:HME - Free Report) - Investment analysts at Noble Financial upped their Q1 2025 earnings per share (EPS) estimates for shares of Hemisphere Energy in a report issued on Monday, April 21st. Noble Financial analyst M. Reichman now expects that the company will post earnings of $0.11 per share for the quarter, up from their prior estimate of $0.10. The consensus estimate for Hemisphere Energy's current full-year earnings is $0.35 per share. Noble Financial also issued estimates for Hemisphere Energy's Q2 2025 earnings at $0.10 EPS, Q4 2025 earnings at $0.11 EPS and FY2025 earnings at $0.41 EPS.

Hemisphere Energy Stock Performance

HME traded up C$0.03 during trading hours on Tuesday, hitting C$1.75. The company's stock had a trading volume of 22,536 shares, compared to its average volume of 104,945. The company has a current ratio of 2.15, a quick ratio of 0.74 and a debt-to-equity ratio of 5.65. Hemisphere Energy has a fifty-two week low of C$1.60 and a fifty-two week high of C$2.03. The company has a 50-day simple moving average of C$1.78 and a 200 day simple moving average of C$1.82. The firm has a market capitalization of C$171.54 million, a PE ratio of 5.84 and a beta of 1.95.

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.