Carbon Streaming (OTCMKTS:OFSTF) Shares Up 0.2% – Should You Buy?

Carbon Streaming Corporation (OTCMKTS:OFSTFGet Free Report)’s share price traded up 0.2% on Wednesday . The stock 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 session volume of 3,872 shares. The stock had previously closed at $0.6522.

Carbon Streaming Stock Performance

The stock has a fifty day moving average price of $0.64 and a two-hundred day moving average price of $0.66. The firm has a market capitalization of $32.07 million, a P/E ratio of -16.34 and a beta of 1.04.

Carbon Streaming (OTCMKTS:OFSTFGet Free Report) last issued its earnings results on Wednesday, August 12th. The company reported ($0.06) earnings per share for the quarter. Carbon Streaming had a negative return on equity of 7.74% and a negative net margin of 8,270.00%.

About Carbon Streaming

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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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