Cormark Issues Pessimistic Estimate for BioRem Earnings

BioRem Inc. (CVE:BRMFree Report) – Cormark decreased their FY2025 earnings per share (EPS) estimates for shares of BioRem in a research note issued to investors on Friday, May 30th. Cormark analyst N. Boychuk now forecasts that the company will earn $0.20 per share for the year, down from their prior forecast of $0.21.

BioRem Stock Performance

Shares of BRM opened at C$1.95 on Monday. The company’s 50 day simple moving average is C$2.03 and its 200-day simple moving average is C$2.56. The firm has a market cap of C$31.98 million, a PE ratio of 6.02 and a beta of 0.85. BioRem has a 12-month low of C$1.67 and a 12-month high of C$3.45. The company has a current ratio of 1.91, a quick ratio of 1.08 and a debt-to-equity ratio of 37.47.

BioRem Company Profile

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BioRem Inc, a clean technology engineering company, designs, manufactures, distributes, and sells air pollution control systems that are used to eliminate odors, volatile organic compounds (VOCs), and hazardous air pollutants (HAPs). It offers biofilters for the removal of odors, H2S, VOCs, and HAPs; and biotrickling filters for applications of high levels of H2S or other water-soluble VOCs.

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