HME.V closed at $1.74Cdn on April 17.
My updated valuation is $3.85Cdn based on their solid Q4 results and unchanged guidance for 2025. Positive results from the Marsden Polymer Flood pilot project should significantly increase my valuation.
First Call's price target is $2.72Cdn, which has not been updated.
My updated forecast/valuation model for Hemisphere has been posted to the EPG website.
Hemisphere has a pristine balance sheet, and I expect it to continue to pay fixed + special dividends of $0.16Cdn/year
Hemisphere Energy (HME.V and HMENF) Update - Apr 19
Hemisphere Energy (HME.V and HMENF) Update - Apr 19
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group