23:34:55 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



Carbon Streaming Corp (2)
Symbol NETZ
Shares Issued 47,740,932
Close 2024-04-04 C$ 0.72
Market Cap C$ 34,373,471
Recent Sedar Documents

Globe says Carbon Streaming kept at "market perform"

2024-04-05 07:30 ET - In the News

The Globe and Mail reports in its Friday, April 5, edition that Raymond James analyst David Quezada cut his Carbon Streaming share target to $1, matching the consensus, from $3 with a "market perform" recommendation. The Globe's David Leeder writes in the Eye On Equities column that Mr. Quezada says in a note, "While Carbon Streaming continues to trade at a material discount to NAV, we believe ongoing uncertainty surrounding the timing of credit issuance from the flagship Rimba Raya project and generally slower than expected revenue ramp up represent key concerns, prompting our neutral stance." The Globe reported on May 17 that BMO Capital Markets analyst Rachel Walsh had lowered her recommendation for Carbon Streaming to "market perform" from "outperform." Carbon Streaming shares could then be had for $1.99. The Globe reported on Aug. 18 that Mr. Quezada had downgraded Carbon Streaming to "market perform" from "outperform." The shares could then be had for $1.20.

© 2024 Canjex Publishing Ltd. All rights reserved.