CVE:WED

Westaim (WED) Stock Forecast, Price & News

C$3.58

+0.03 (+0.85%)

(As of 02:39 PM ET)

Compare

Today's Range: C$3.54
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C$3.66
50-Day Range: C$2.90
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C$3.48
52-Week Range: C$2.29
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C$3.66

Volume: 179,862 shs
Average Volume: 130,968 shs
Market Capitalization: C$506.18 million

P/E Ratio: 3.41
Dividend Yield: 5.03%
Price Target: N/A

Profile Chart Competitors Earnings Insider Trades Headlines

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

June 7, 2023 | finance.yahoo.com

Westaim Announces Pricing of Secondary Offering of Skyward Specialty’s Common Stock

June 7, 2023 | baystreet.ca

Edge Total, ADF at 52-Week Highs on News

June 8, 2023 | Behind the Markets (Ad)

WARNING: Do You Invest with these Banks

Take a close look at the investment banks above. Because if you have stocks with any of these brokerages... These new political developments WILL affect you.

June 5, 2023 | finance.yahoo.com

Westaim Announces Participation in Secondary Offering of Skyward Specialty’s Common Stock

May 25, 2023 | americanbankingnews.com

Westaim (CVE:WED) Reaches New 12-Month High at $3.29

May 24, 2023 | ca.finance.yahoo.com

Total, Westaim at 52-Week Highs

May 19, 2023 | americanbankingnews.com

Westaim (CVE:WED) Issues Earnings Results

May 16, 2023 | finance.yahoo.com

The Westaim Corporation Reports Q1 2023 Results

June 8, 2023 | Legacy Research (Affiliate) (Ad)

“One-Stock Millionaire” IGNORES 99.9% of the Market

During the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.

May 5, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp down on Tuesday (WED)

April 27, 2023 | finance.yahoo.com

Westaim Announces Details for Investor Day and Shareholders Meeting

April 23, 2023 | usatoday.com

600-pound NASA satellite expected to crash into Earth Wednesday night, location unknown

April 22, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp up on Wednesday (WED)

April 13, 2023 | americanbankingnews.com

Westaim (CVE:WED) Hits New 52-Week High at $3.00

April 12, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp down on Wednesday (WED)

April 12, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp up on Tuesday (WED)

April 10, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp down on Monday (WED)

April 9, 2023 | theglobeandmail.com

Closing Bell: The Westaim Corp up on Thursday (WED)

April 7, 2023 | americanbankingnews.com

The Westaim Co. Expected to Earn FY2023 Earnings of $0.34 Per Share (CVE:WED)

March 30, 2023 | finance.yahoo.com

The Westaim Corporation Reports Q4 and Full Year 2022 Results

March 21, 2023 | nypost.com

Jenna Ortega: I became ‘unprofessional’ on ‘Wednesday’ set

March 20, 2023 | usatoday.com

NCAA Tournament on Wednesday: Streaming, matchups, TV info and odds for March Madness games tonight

March 17, 2023 | news.yahoo.com

China to reopen to tourists, resume all visas Wednesday

March 11, 2023 | omaha.com

Photos: 2023 Nebraska boys basketball state tournament, Wednesday

February 5, 2023 | news.yahoo.com

Original Wednesday Addams Lisa Loring Taken Off Life Support, Dies at 64

February 1, 2023 | baystreet.ca

Critical Elements at 52-Week High on News

January 21, 2023 | usatoday.com

Snow forecast for central US increases Thursday; 21-vehicle pileup closes Colorado interstate

See More Headlines

WED Price History

30 days | 90 days | 365 days | Advanced Chart

WED Company Calendar

Last Earnings: 3/30/2023
Today: 6/08/2023
Next Earnings (Estimated): 8/10/2023

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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): C$1.05
Trailing P/E Ratio: 3.38
Forward P/E Ratio: 3.41
P/E Growth: N/A
Net Income: C$108.93 million
Net Margins: 91.36%
Pretax Margin: N/A
Return on Equity: 26.94%
Return on Assets: 15.05%

Debt

Debt-to-Equity Ratio: 8.13
Current Ratio: 39.04
Quick Ratio: 27.60

Sales & Book Value

Annual Sales: C$119.22 million
Price / Sales: 4.21
Cash Flow: C$3.54 per share
Price / Cash Flow: 1.00
Book Value: C$3.24 per share
Price / Book: 1.10

Miscellaneous

Outstanding Shares: 141,390,000
Free Float: N/A
Market Cap: C$501.93 million
Optionable: Not Optionable
Beta: 0.47

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

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Insiders

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 35.0% and is now trading at C$3.55.
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, August 10th 2023.
View our WED earnings forecast.
How were Westaim's earnings last quarter?: The Westaim Co. (CVE:WED) issued its earnings results on Thursday, March, 30th. The company reported $0.31 EPS for the quarter. The firm earned $1.49 million during the quarter. Westaim had a net margin of 91.36% and a trailing twelve-month return on equity of 26.94%.
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 17.14%. This payout ratio is at a healthy, sustainable level, below 75%.

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$3.55.
How much money does Westaim make?: Westaim (CVE:WED) has a market capitalization of C$501.93 million and generates C$119.22 million in revenue each year. The company earns C$108.93 million in net income (profit) each year or C$1.05 on an earnings per share basis.
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 6/8/2023 by MarketBeat.com Staff

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