OTCMKTS:OFSTF

Carbon Streaming - OFSTF Stock Forecast, Price & News

$1.55

+0.02 (+1.31%)

(As of 11/30/2022 12:00 AM ET)

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Today's Range: $1.54
▼
$1.58
50-Day Range: $1.53
▼
$2.63
52-Week Range: $1.44
▼
$14.00

Volume: 31,597 shs
Average Volume: 21,506 shs
Market Capitalization: $72.59 million

P/E Ratio: 7.75
Dividend Yield: N/A
Price Target: $5.67

Carbon Streaming MarketRank™ Forecast

Analyst Rating: Buy
3.25 Rating Score
Upside/Downside: 265.6% Upside
$5.67 Price Target
Short Interest: Healthy
0.03% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.87
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($0.11) to ($0.14) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.26 out of 5 stars

3.6

Analyst's Opinion

Consensus Rating
Carbon Streaming has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $5.67, Carbon Streaming has a forecasted upside of 265.6% from its current price of $1.55.
Amount of Analyst Coverage
Carbon Streaming has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.03% of the outstanding shares of Carbon Streaming have been sold short.
Short Interest Ratio / Days to Cover
Carbon Streaming has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Carbon Streaming has recently increased by 3.10%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Carbon Streaming does not currently pay a dividend.
Dividend Growth
Carbon Streaming does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OFSTF.

2.7

News and Social Media Coverage

News Sentiment
Carbon Streaming has a news sentiment score of 0.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.51 average news sentiment score of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Carbon Streaming this week, compared to 1 article on an average week.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Carbon Streaming insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 0.03% of the stock of Carbon Streaming is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Carbon Streaming are expected to decrease in the coming year, from ($0.11) to ($0.14) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Carbon Streaming is 7.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.91.
Price to Earnings Ratio vs. Sector
The P/E ratio of Carbon Streaming is 7.75, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 24.24.
Price to Book Value per Share Ratio
Carbon Streaming has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Carbon Streaming (OTCMKTS:OFSTF) Stock

Carbon Streaming Corporation operates as an environmental, social, and governance principled investment vehicle that provides investors with exposure to carbon credits. The company focuses on acquiring, managing, and growing a diversified portfolio of investments in projects and/or companies that generate or are actively involved, directly, or indirectly with voluntary and/or compliance carbon credits. It invests capital through carbon credit streaming arrangements with project developers and owners to accelerate the creation of carbon offset projects. The company was formerly known as Mexivada Mining Corp. and changed its name to Carbon Streaming Corporation in June 2020. Carbon Streaming Corporation was incorporated in 2004 and is headquartered in Toronto, Canada.

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OFSTF Stock News Headlines

November 30, 2022 | americanbankingnews.com

Research Analysts Issue Forecasts for Carbon Streaming Co.'s Q2 2023 Earnings (OTCMKTS:OFSTF)

November 24, 2022 | americanbankingnews.com

Carbon Streaming (OTCMKTS:OFSTF) Receives New Coverage from Analysts at HC Wainwright

December 1, 2022 | Legacy Research (Ad)

Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks”

Buy this small group of unique stocks… never sell them… and make all the money you need… No matter what happens in the market. Revealed here: the name and ticker of the #1 stock.

November 23, 2022 | americanbankingnews.com

Comparing Carbon Streaming (OTCMKTS:OFSTF) & SoFi Technologies (NASDAQ:SOFI)

November 9, 2022 | finance.yahoo.com

Carbon Streaming Announces Annual General Meeting Results

November 7, 2022 | abcnews.go.com

EXPLAINER: Carbon 'offsets' for World Cup in Qatar

November 4, 2022 | marketwatch.com

Carbon Block Filter Market is expected to grow at a significant CAGR during the forecast period 2022-2028 with Top Countries Data

November 3, 2022 | msn.com

Analysts cut EU carbon price forecasts on weak economies, increased supply

December 1, 2022 | Legacy Research (Ad)

Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks”

Buy this small group of unique stocks… never sell them… and make all the money you need… No matter what happens in the market. Revealed here: the name and ticker of the #1 stock.

November 3, 2022 | marketwatch.com

Electronic Grade Carbon MonoxideCO Market To Garner Considerable Growth At A Higher 7.68% Of CAGR During The Study Period 2022-2028

November 2, 2022 | reuters.com

Dutch court carbon capture project ruling alarms building sector

November 1, 2022 | msn.com

Pope ‘could help cut carbon emissions by urging meat ban’

November 1, 2022 | marketwatch.com

Carbon-Graphite Brush Market Analysis Research Report with Challenges & Scopes, Share, Revenue and Forecasts 2022 to 2028

October 28, 2022 | msn.com

Without regulation, we’ll never know if carbon offsets reduce emissions

October 25, 2022 | msn.com

TanSat satellite detects, reports human-caused carbon dioxide

October 20, 2022 | msn.com

New meetings planned for carbon capture pipeline through eastern Iowa

October 19, 2022 | msn.com

Will the Qatar World Cup be carbon-neutral?

September 30, 2022 | finance.yahoo.com

Carbon Streaming Announces Sustainable Rice Farming Stream With Core Carbonx

September 26, 2022 | finance.yahoo.com

Carbon Streaming Announces Year-End Financial Results

September 13, 2022 | finanznachrichten.de

Carbon Streaming Corporation: Carbon Streaming Announces Term Sheet and Royalty Agreement With Future Carbon Group

September 12, 2022 | finance.yahoo.com

Carbon Streaming Announces Term Sheet and Royalty Agreement With Future Carbon Group

September 10, 2022 | msn.com

"It's a re-branding exercise to make it seem more climate-friendly" : Carbon Capture

September 9, 2022 | reuters.com

Carbon Markets

September 9, 2022 | benzinga.com

Global Bioenergy With Carbon Capture And Storage Market to Grow Significantly Through 2027

September 6, 2022 | finance.yahoo.com

Carbon Streaming to Release Year-End Financial Results on September 14th

September 1, 2022 | msn.com

Costs associated with carbon emissions three times federal estimate: study

August 31, 2022 | msn.com

Stricter standards needed for carbon offsets, congressional reps urge

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30 days | 90 days | 365 days | Advanced Chart

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OFSTF Company Calendar

Last Earnings: 9/26/2022
Today: 12/01/2022
Fiscal Year End: 6/30/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Nondepository credit institutions
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: OTCMKTS:OFSTF
CUSIP: N/A
CIK: 1875931
Web: www.carbonstreaming.com
Phone: 64-7846-7765
Fax: 775-738-6701
Employees: N/A
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $5.67
High Stock Price Forecast: $8.25
Low Stock Price Forecast: $3.75
Forecasted Upside/Downside: +265.6%
Consensus Rating: Buy
Rating Score (0-4): 3.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.20
Trailing P/E Ratio: 7.75
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-12,900,000.00
Net Margins: N/A
Pretax Margin: -8,778.85%
Return on Equity: -19.03%
Return on Assets: -12.17%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 30.43
Quick Ratio: 29.91

Sales & Book Value

Annual Sales: $150,000.00
Price / Sales: 483.91
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.05 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 46,830,000
Free Float: N/A
Market Cap: $72.59 million
Optionable: Not Optionable
Beta: -67.13

Key Executives

Mr. Justin Robert Cochrane CFA (Age 41)
CEO & Director
Comp: $1.29M

Mr. Geoff Smith
Pres & COO

Mr. Conor Kearns
Chief Financial Officer

Mr. Michael Psihogios
Chief Investment Officer

Ms. Anne Walters
Gen. Counsel & Corp. Sec.

Ms. Naazia Ebrahim
Director of Technical & Carbon Projects

Ms. Andrea Cheung
VP of Investor Relations

Amy Chambers
Director of Marketing, Communications & Sustainability

Mr. Oliver Forster
VP of Sales

Mr. Alec Kushnir
Exec. VP of Investments & Origination

Key Competitors

View All Competitors

OFSTF Stock - Frequently Asked Questions

Should I buy or sell Carbon Streaming stock right now?: 4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Carbon Streaming in the last twelve months. There are currently 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" OFSTF shares.
View OFSTF analyst ratings or view top-rated stocks.
What is Carbon Streaming's stock price forecast for 2023?: 4 Wall Street analysts have issued 1 year price objectives for Carbon Streaming's stock. Their OFSTF share price forecasts range from $3.75 to $8.25. On average, they anticipate the company's share price to reach $5.67 in the next twelve months. This suggests a possible upside of 265.6% from the stock's current price.
View analysts price targets for OFSTF or view top-rated stocks among Wall Street analysts.
How have OFSTF shares performed in 2022?: Carbon Streaming's stock was trading at $10.05 at the beginning of the year. Since then, OFSTF stock has decreased by 84.6% and is now trading at $1.55.
View the best growth stocks for 2022 here.
Are investors shorting Carbon Streaming?: Carbon Streaming saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 12,900 shares, a decline of 65.3% from the October 15th total of 37,200 shares. Based on an average daily volume of 50,200 shares, the short-interest ratio is presently 0.3 days.
View Carbon Streaming's Short Interest.

How were Carbon Streaming's earnings last quarter?: Carbon Streaming Co. (OTCMKTS:OFSTF) announced its quarterly earnings results on Monday, September, 26th. The company reported ($0.09) EPS for the quarter. The company had revenue of $1.94 million for the quarter.
What is Carbon Streaming's stock symbol?: Carbon Streaming trades on the OTCMKTS under the ticker symbol "OFSTF."
How do I buy shares of Carbon Streaming?: Shares of OFSTF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Carbon Streaming's stock price today?: One share of OFSTF stock can currently be purchased for approximately $1.55.
How much money does Carbon Streaming make?: Carbon Streaming (OTCMKTS:OFSTF) has a market capitalization of $72.59 million and generates $150,000.00 in revenue each year. The company earns $-12,900,000.00 in net income (profit) each year or $0.20 on an earnings per share basis.
How can I contact Carbon Streaming?: Carbon Streaming's mailing address is 4 King Street West Suite 401, Toronto A6, M5H 1B6. The official website for the company is www.carbonstreaming.com. The company can be reached via phone at 64-7846-7765, via email at support@mexivada.com, or via fax at 775-738-6701.

This page (OTCMKTS:OFSTF) was last updated on 12/1/2022 by MarketBeat.com Staff

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