Highwood Asset Management (HAM) Stock Price, News & Analysis

Company Overview

Highwood Asset Management Ltd., together with its subsidiary, engages in the acquisition, exploration, development, and production of oil and gas reserves in the Western Canadian Sedimentary basin. The company operates through Metallic Minerals, Midstream Operations, and Upstream Operations segments. It holds 100% interest in the Wabsaca River pipeline system, a crude oil sales line with a capacity to deliver 20,000 barrel per day of crude to the Plains Rainbow System in Edmonton, Northern Alberta. The company's industrial metal and mineral assets focuses on lithium-brine and iron-vanadium projects comprise 100% mineral ownership of 236 mineral permits and mineral titles, including 222 mineral permits located in Alberta and 14 mineral titles located in northeastern British Columbia. The company was formerly known as Highwood Oil Company Ltd. and changed its name to Highwood Asset Management Ltd. in July 2021. The company was founded in 2012 and is headquartered in Calgary, Canada. Highwood Asset Management Ltd. is a subsidiary of 1080766 Alberta Ltd.

Key Stats

• Today's Range: C$5.45 to C$5.50
• 50-Day Range: C$5.25 to C$5.85
• 52-Week Range: C$5.02 to C$6.50
• Volume: 5,800 shs
• Average Volume: 6,039 shs
• Market Capitalization: C$80.88 million
• P/E Ratio: 1.00
• Dividend Yield: N/A
• Price Target: C$7.25
• Consensus Rating: N/A

Highwood Asset Management Stock Analysis - MarketRank™

Highwood Asset Management scored higher than 32% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: N/A

Amount of Analyst Coverage

Highwood Asset Management has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Highwood Asset Management is 1.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.98.

Price to Earnings Ratio vs. Sector

The P/E ratio of Highwood Asset Management is 1.00, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 66.89.

Price to Book Value per Share Ratio

Highwood Asset Management has a P/B Ratio of 0.71. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for HAM.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Highwood Asset Management does not currently pay a dividend.

Dividend Growth

Highwood Asset Management does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for HAM.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: N/A

News Sentiment

Highwood Asset Management has a news sentiment score of 1.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.80 average news sentiment score of Energy companies.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Highwood Asset Management insiders have not sold or bought any company stock.

Percentage Held by Insiders

54.00% of the stock of Highwood Asset Management is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 16.95% of the stock of Highwood Asset Management is held by institutions.

HAM Stock Analysis - Frequently Asked Questions

How have HAM shares performed this year?

Highwood Asset Management's stock was trading at C$6.01 at the beginning of the year. Since then, HAM stock has decreased by 9.3% and is now trading at C$5.45.

How do I buy shares of Highwood Asset Management?

Shares of HAM stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Energy
• Industry: Oil & Gas E&P
• Sub-Industry: Precious Metals
• Current Symbol: CVE:HAM
• CIK: N/A
• Web: highwoodmgmt.com
• Phone: 403-719-0499
• Fax: N/A
• Employees: 47,400
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Highwood Asset Management: C$7.25
• High Price Target: C$7.25
• Low Price Target: C$7.25
• Potential Upside/Downside: +33.0%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Trailing Twelve Months): C$5.43
• Trailing P/E Ratio: 1.00
• Forward P/E Ratio: 3.07
• P/E Growth: N/A
• Net Income: C$56.70 million
• Net Margins: 63.50%
• Pretax Margin: N/A
• Return on Equity: 91.31%
• Return on Assets: 15.54%

Debt

• Debt-to-Equity Ratio: 76.65
• Current Ratio: 0.50
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$89.30 million
• Price / Sales: 0.91
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$7.68 per share
• Price / Book: 0.71

Miscellaneous

• Outstanding Shares: 14,840,000
• Free Float: N/A
• Market Cap: C$80.88 million
• Optionable: N/A
• Beta: -0.90