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Carbon Streaming ( (TSE:NETZ) ) has provided an announcement.
Carbon Streaming Corporation disclosed that its chief executive officer, Marin Katusa, has increased his stake in the company through open market purchases and the exercise of warrants, bringing his ownership to approximately 11.8% of the company’s outstanding common shares, or 13.2% on a partially diluted basis. The acquisition, described as being for investment purposes, signals stronger insider alignment with shareholders and may be viewed as a vote of confidence in the company’s strategy in the carbon credit market, while leaving open the possibility of future changes to Katusa’s holdings depending on market conditions.
Spark’s Take on TSE:NETZ Stock
According to Spark, TipRanks’ AI Analyst, TSE:NETZ is a Underperform.
The overall stock score is heavily impacted by the company’s poor financial performance, with significant revenue declines and losses. Technical analysis indicates a lack of momentum and potential overbought conditions. Valuation metrics are unfavorable due to negative earnings and no dividend yield.
To see Spark’s full report on TSE:NETZ stock, click here.
More about Carbon Streaming
Carbon Streaming Corporation focuses on financing and supporting projects that generate high-quality carbon credits, emphasizing positive environmental, community and biodiversity impacts alongside carbon reduction or removal potential. The company operates in the carbon markets sector, providing investment exposure to carbon credit projects and related environmental assets.
Average Trading Volume: 104,000
Technical Sentiment Signal: Hold
Learn more about NETZ stock on TipRanks’ Stock Analysis page.