Shares of Carbon Streaming Corporation (OTCMKTS:OFSTF – Get Free Report) rose 0.2% during trading on Wednesday . The company traded as high as $0.6537 and last traded at $0.6537. 1,988 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 3,872 shares. The stock had previously closed at $0.6522.
Carbon Streaming Stock Performance
The firm has a fifty day moving average of $0.64 and a 200-day moving average of $0.66. The stock has a market capitalization of $32.07 million, a price-to-earnings ratio of -16.34 and a beta of 1.04.
Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) last posted its earnings results on Wednesday, August 12th. The company reported ($0.06) earnings per share (EPS) for the quarter. Carbon Streaming had a negative net margin of 8,270.00% and a negative return on equity of 7.74%.
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.
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