Hemisphere Energy Co. (CVE:HME) Senior Officer Andrew John Arthur Buys 11,500 Shares

by · The Cerbat Gem

Hemisphere Energy Co. (CVE:HME – Get Free Report) Senior Officer Andrew John Arthur bought 11,500 shares of the business’s stock in a transaction that occurred on Monday, October 28th. The stock was purchased at an average price of C$1.85 per share, with a total value of C$21,245.10.

Hemisphere Energy Price Performance

Shares of HME traded down C$0.04 during mid-day trading on Monday, reaching C$1.83. The company had a trading volume of 82,323 shares, compared to its average volume of 95,933. The company’s 50 day simple moving average is C$1.83 and its 200 day simple moving average is C$1.76. The company has a market capitalization of C$179.82 million, a price-to-earnings ratio of 6.45 and a beta of 1.95. The company has a debt-to-equity ratio of 4.35, a quick ratio of 0.74 and a current ratio of 3.98. Hemisphere Energy Co. has a 1-year low of C$1.23 and a 1-year high of C$2.03.

Hemisphere Energy (CVE:HME – Get Free Report) last announced its earnings results on Tuesday, August 20th. The company reported C$0.10 earnings per share (EPS) for the quarter, hitting the consensus estimate of C$0.10. The business had revenue of C$22.68 million during the quarter, compared to analyst estimates of C$26.84 million. Hemisphere Energy had a return on equity of 45.52% and a net margin of 38.45%. Analysts expect that Hemisphere Energy Co. will post 0.3499079 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Noble Financial raised Hemisphere Energy to a “strong-buy” rating in a research report on Wednesday, July 17th.

View Our Latest Stock Analysis on HME

About Hemisphere Energy

(Get Free Report)

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.

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