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MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
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Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
Is This The End of Capitalism? (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
The Next Big Crisis Is Here (Ad)
Japan firm opens whale meat vending machines to push sales
Online system to seek asylum in US is quickly overwhelmed
CVE:WED

Westaim - WED Stock Forecast, Price & News

C$2.92
+0.07 (+2.46%)
(As of 01/27/2023 03:36 PM ET)
Add
Compare
Today's Range
C$2.91
▼
C$2.92
50-Day Range
C$2.47
▼
C$2.92
52-Week Range
C$2.14
▼
C$2.93
Volume
29,560 shs
Average Volume
69,920 shs
Market Capitalization
C$412.85 million
P/E Ratio
36.50
Dividend Yield
10.32%
Price Target
N/A

WED stock logo

About Westaim (CVE:WED) Stock

The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements. For direct investments, the firm invests in early venture, mid venture, late venture, middle market, later stage, mature, emerging growth, PIPEs, and buyout transactions. For fund of fund investments, it seeks to invest in private equity funds, venture capital funds, and hedge funds. The firm seeks to provide long term capital to businesses operating in the global financial services industry. It typically acquires controlling interests in businesses. The firm seeks to acquire debt, equity, or derivative securities of both public and private companies. It invests with the objective of providing its shareholders with capital appreciation and real wealth preservation. The firm seeks to provide its portfolio companies with advisory services including, but not limited to, advice on capital allocation, financing strategy, performance measurement and merger and acquisition support. It also seeks to partner with like-minded providers of third party capital to help supplement the firm's own capital, when completing acquisitions. The firm generally seeks to hold its investments for seven to 15 years. The Westaim Corporation was founded in 1996 and is based in Toronto, Canada.

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WED Stock News Headlines

January 27, 2023 | americanbankingnews.com
Westaim (CVE:WED) Hits New 1-Year High at $2.90
January 27, 2023 | americanbankingnews.com
The Westaim Co. (CVE:WED) Director Parag Shah Purchases 125,000 Shares
January 28, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
January 21, 2023 | usatoday.com
Snow forecast for central US increases Thursday; 21-vehicle pileup closes Colorado interstate
January 18, 2023 | finance.yahoo.com
Skyward Specialty Announces Closing of Initial Public Offering
January 1, 2023 | reuters.com
WED.V - Westaim Corp | Stock Price & Latest News | Reuters
December 25, 2022 | finance.yahoo.com
The Westaim Corporation's (CVE:WED) largest shareholders are individual investors with 57% ownership, institutions own 21%
October 26, 2022 | nz.finance.yahoo.com
Arena Investors Receives HFM Performance Award for Differentiated Results in the Recent Market Environment
January 28, 2023 | Porter & Company (Ad)
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
September 20, 2022 | finance.yahoo.com
Westaim Announces Postponement of Annual Investor Day
September 9, 2022 | ca.finance.yahoo.com
Some Shareholders Feeling Restless Over The Westaim Corporation's (CVE:WED) P/E Ratio
August 30, 2022 | finance.yahoo.com
Westaim Announces Details for Annual Investor Day
August 13, 2022 | finance.yahoo.com
The Westaim Corporation (CVE:WED) insiders placed bullish bets worth US$6.9m in the last 12 months
August 1, 2022 | markets.businessinsider.com
Arena Investors Closes Special Opportunities Partners Fund II at $930 Million
April 26, 2022 | tmcnet.com
Skyward Specialty Announces Confidential Submission of Draft Registration Statement for Proposed Public Listing
March 24, 2022 | finance.yahoo.com
The Westaim Corporation Provides an Update on Unaudited Q4 and Full Year 2021 Results and Announces AGM
December 28, 2021 | finance.yahoo.com
Could The The Westaim Corporation (CVE:WED) Ownership Structure Tell Us Something Useful?
November 12, 2021 | ca.finance.yahoo.com
Vio Security Announces New Senior Leadership
September 23, 2021 | finance.yahoo.com
The Westaim Corporation Announces Normal Course Issuer Bid
July 6, 2021 | finance.yahoo.com
THE WESTAIM CORPORATION (WED.V) stock forecast and price target
June 21, 2021 | markets.businessinsider.com
IIROC Trading Resumption - WED
June 21, 2021 | markets.businessinsider.com
IIROC Trading Halt - WED
June 17, 2021 | ca.finance.yahoo.com
Value Investors: This Asset Manager Offers Unique Exposure to Credit Strategies!
March 31, 2021 | finance.yahoo.com
Executive Chairman of the Board Ian Delaney Just Bought 2.2% More Shares In The Westaim Corporation (CVE:WED)
March 25, 2021 | finance.yahoo.com
The Westaim Corporation Reports 2020 Fourth Quarter Results
March 11, 2021 | nasdaq.com
Spain's Zendal interested in producing Sputnik V vaccine, government says
October 15, 2020 | in.finance.yahoo.com
The Westaim Corporation (WEM1.F)
See More Headlines
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WED Company Calendar

Last Earnings
11/10/2022
Today
1/28/2023
Next Earnings (Estimated)
4/13/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
CVE
Industry
Asset Management
Sub-Industry
N/A
Sector
Finance
Current Symbol
CVE:WED
CUSIP
N/A
CIK
N/A
Web
www.westaim.com
Phone
+1-416-9693333
Fax
N/A
Employees
7
Year Founded
N/A

Profitability

EPS (Most Recent Fiscal Year)
N/A
Trailing P/E Ratio
36.50
Forward P/E Ratio
9.42
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
11.05
Current Ratio
27.60
Quick Ratio
27.60

Sales & Book Value

Annual Sales
C$-899,000.00
Price / Sales
-459.23
Cash Flow
C$2.91 per share
Price / Cash Flow
1.00
Book Value
C$2.34 per share
Price / Book
1.25

Miscellaneous

Outstanding Shares
141,387,000
Free Float
N/A
Market Cap
C$412.85 million
Optionable
Not Optionable
Beta
N/A

Key Executives

  • Mr. Ian W. Delaney (Age 79)
    Exec. Chairman
    Comp: $269.14k
  • Mr. John Cameron MacDonald CFA
    Pres, CEO & Director
  • Mr. Glenn Garry MacNeil C.A. (Age 64)
    C.M.A., CPA, CFA, CPA, Chief Financial Officer
    Comp: $247.21k
  • Mr. Robert Terrance Kittel CFA (Age 51)
    CPA, Chief Operating Officer
    Comp: $430.62k
  • Mr. Stephen Lyndon Way (Age 74)
    Chief Exec. of HIIG
  • Ms. Karen Woodfield
    Controller
  • Mr. Nakul Randev
    Principal
  • Ms. Cristina Nunes
    Advisor
  • Mr. William R. Andrus (Age 73)
    Advisor

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions













WED Stock - Frequently Asked Questions

How have WED shares performed in 2023?

Westaim's stock was trading at C$2.63 at the beginning of 2023. Since then, WED stock has increased by 11.0% and is now trading at C$2.92.
View the best growth stocks for 2023 here.

When is Westaim's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
View our WED earnings forecast.

How were Westaim's earnings last quarter?

The Westaim Co. (CVE:WED) issued its earnings results on Thursday, November, 10th. The company reported ($0.13) EPS for the quarter. The business earned $4.49 million during the quarter.

Is Westaim a good dividend stock?

Westaim (CVE:WED) pays an annual dividend of C$0.18 per share and currently has a dividend yield of 10.32%. WED has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 225.00%. Payout ratios above 75% are not desirable because they may not be sustainable.

What other stocks do shareholders of Westaim own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westaim investors own include BlackBerry (BB), Editas Medicine (EDIT), Finning International (FTT), Bank of Montreal (BMO), Medical Facilities (DR), Enbridge (ENB), Ford Motor (F), General Electric (GE) and Pulse Seismic (PSD).

What is Westaim's stock symbol?

Westaim trades on the Canadian Venture Exchange (CVE) under the ticker symbol "WED."

How do I buy shares of Westaim?

Shares of WED 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.
Compare Top Brokerages Here.

What is Westaim's stock price today?

One share of WED stock can currently be purchased for approximately C$2.92.

How much money does Westaim make?

Westaim (CVE:WED) has a market capitalization of C$412.85 million and generates C$-899,000.00 in revenue each year.

How can I contact Westaim?

Westaim's mailing address is 70 York St Suite 1700, TORONTO, ON M5J 1S9, Canada. The official website for the company is www.westaim.com. The company can be reached via phone at +1-416-9693333.

This page (CVE:WED) was last updated on 1/28/2023 by MarketBeat.com Staff