Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) announced 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 OFSTF remained flat at $0.66 during mid-day trading on Wednesday. The company’s stock had a trading volume of 10,165 shares, compared to its average volume of 8,187. Carbon Streaming has a 52-week low of $0.28 and a 52-week high of $0.75. The stock’s 50 day moving average price is $0.63 and its two-hundred day moving average price is $0.58. The company has a market capitalization of $32.32 million, a price-to-earnings ratio of -1.88 and a beta of 0.33.
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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