Ventum Cap Mkts Issues Negative Outlook for CVE:TCF Earnings

CBM Asia Development Corp (CVE:TCF) – Ventum Cap Mkts reduced their Q1 2025 earnings estimates for CBM Asia Development in a note issued to investors on Monday, April 28th. Ventum Cap Mkts analyst A. Gill now anticipates that the company will post earnings of ($0.01) per share for the quarter, down from their prior forecast of $0.11. Ventum Cap Mkts has a “Hold” rating on the stock. Ventum Cap Mkts also issued estimates for CBM Asia Development’s Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS and FY2025 earnings at $0.00 EPS.

CBM Asia Development Stock Performance

CBM Asia Development has a 1-year low of C$14.58 and a 1-year high of C$25.70.

CBM Asia Development Company Profile

CBM Asia Development Corp. (CBMA) is a Canada-based unconventional gas company with coalbed methane (CBM) exploration and development opportunities in Indonesia. The Company holds various participating interests in five production sharing contracts (PSC) for CBM in Indonesia. The Company has operations in south Sumatra, which includes sekayu PSC; central Sumatra, which includes Hulu PSC and east Kalimantan, which includes Kutai-west PSC and Bentian besar PSC.