Base Carbon (OTCMKTS:BCBNF) Posts Quarterly Earnings Results

Base Carbon (OTCMKTS:BCBNF) announced its quarterly earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01, Zacks reports.

Base Carbon Trading Down 1.5%

Shares of BCBNF traded down $0.01 during mid-day trading on Thursday, reaching $0.44. 23,762 shares of the stock traded hands, compared to its average volume of 53,516. The company has a market cap of $44.57 million and a price-to-earnings ratio of -14.79. The firm has a fifty day moving average price of $0.40 and a 200 day moving average price of $0.52. Base Carbon has a 1 year low of $0.31 and a 1 year high of $0.84.

Base Carbon Company Profile

Base Carbon Inc. is a Canada-based climate finance company focused on the global carbon markets. The company provides capital, project development support and market access to initiatives designed to reduce or remove greenhouse-gas emissions and generate carbon credits. Base Carbon works with carbon project developers and other market participants to help finance and commercialize environmental projects. Its activities may include evaluating project opportunities, providing development capital, supporting the issuance of verified carbon credits and facilitating their sale to organizations seeking to address their emissions.