Carbon Streaming (OTCMKTS:OFSTF – Get Free Report) issued its quarterly earnings data on Monday. The company reported $0.04 earnings per share for the quarter, Zacks reports.
Carbon Streaming Price Performance
Shares of Carbon Streaming stock opened at $0.69 on Wednesday. The firm’s fifty day simple moving average is $0.70 and its 200-day simple moving average is $0.67. Carbon Streaming has a 12 month low of $0.50 and a 12 month high of $0.79. The stock has a market capitalization of $34.10 million, a price-to-earnings ratio of -69.50 and a beta of 0.96.
About Carbon Streaming
Carbon Streaming Corp. is a carbon finance company that provides upfront capital to developers of carbon reduction and removal projects. In exchange, the company seeks rights to a portion of the carbon credits generated by those projects over time, typically through streaming and royalty agreements. The company’s activities have included financing projects across areas such as reforestation, forest conservation, improved agricultural practices, and other carbon removal or emissions-reduction technologies.
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