Carbon Streaming (OTCMKTS:OFSTF) Stock Price Up 2.2% – Here’s What Happened

Carbon Streaming Corporation (OTCMKTS:OFSTFGet Free Report) shot up 2.2% during mid-day trading on Monday . The stock traded as high as $0.6262 and last traded at $0.6255. 3,179 shares traded hands during mid-day trading, a decline of 57% from the average session volume of 7,401 shares. The stock had previously closed at $0.6119.

Carbon Streaming Stock Performance

The stock has a 50-day simple moving average of $0.68 and a 200 day simple moving average of $0.65.

Carbon Streaming (OTCMKTS:OFSTFGet Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $999.00 earnings per share for the quarter. Carbon Streaming had a negative return on equity of 0.17% and a negative net margin of 8,270.00%.

Carbon Streaming Company Profile

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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.

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