CVE:WED Westaim (WED) Stock Forecast, Price & News C$3.58 +0.03 (+0.85%) (As of 02:39 PM ET) Add Compare Share Share Today's RangeC$3.54▼C$3.6650-Day RangeC$2.90▼C$3.4852-Week RangeC$2.29▼C$3.66Volume179,862 shsAverage Volume130,968 shsMarket CapitalizationC$506.18 millionP/E Ratio3.41Dividend Yield5.03%Price TargetN/A ProfileProfileChartCompetitorsEarningsInsider TradesHeadlinesProfileChartCompetitorsEarningsInsider TradesHeadlines About Westaim (CVE:WED) StockThe 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.Read More Receive WED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Westaim and its competitors with MarketBeat's FREE daily newsletter. Email Address WED Stock News HeadlinesJune 7, 2023 | finance.yahoo.comWestaim Announces Pricing of Secondary Offering of Skyward Specialty’s Common StockJune 7, 2023 | baystreet.caEdge Total, ADF at 52-Week Highs on NewsJune 8, 2023 | Behind the Markets (Ad)WARNING: Do You Invest with these BanksTake 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.comWestaim Announces Participation in Secondary Offering of Skyward Specialty’s Common StockMay 25, 2023 | americanbankingnews.comWestaim (CVE:WED) Reaches New 12-Month High at $3.29May 24, 2023 | ca.finance.yahoo.comTotal, Westaim at 52-Week HighsMay 19, 2023 | americanbankingnews.comWestaim (CVE:WED) Issues Earnings ResultsMay 16, 2023 | finance.yahoo.comThe Westaim Corporation Reports Q1 2023 ResultsJune 8, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring 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.comClosing Bell: The Westaim Corp down on Tuesday (WED)April 27, 2023 | finance.yahoo.comWestaim Announces Details for Investor Day and Shareholders MeetingApril 23, 2023 | usatoday.com600-pound NASA satellite expected to crash into Earth Wednesday night, location unknownApril 22, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp up on Wednesday (WED)April 13, 2023 | americanbankingnews.comWestaim (CVE:WED) Hits New 52-Week High at $3.00April 12, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp down on Wednesday (WED)April 12, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp up on Tuesday (WED)April 10, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp down on Monday (WED)April 9, 2023 | theglobeandmail.comClosing Bell: The Westaim Corp up on Thursday (WED)April 7, 2023 | americanbankingnews.comThe Westaim Co. Expected to Earn FY2023 Earnings of $0.34 Per Share (CVE:WED)March 30, 2023 | finance.yahoo.comThe Westaim Corporation Reports Q4 and Full Year 2022 ResultsMarch 21, 2023 | nypost.comJenna Ortega: I became ‘unprofessional’ on ‘Wednesday’ setMarch 20, 2023 | usatoday.comNCAA Tournament on Wednesday: Streaming, matchups, TV info and odds for March Madness games tonightMarch 17, 2023 | news.yahoo.comChina to reopen to tourists, resume all visas WednesdayMarch 11, 2023 | omaha.comPhotos: 2023 Nebraska boys basketball state tournament, WednesdayFebruary 5, 2023 | news.yahoo.comOriginal Wednesday Addams Lisa Loring Taken Off Life Support, Dies at 64February 1, 2023 | baystreet.caCritical Elements at 52-Week High on NewsJanuary 21, 2023 | usatoday.comSnow forecast for central US increases Thursday; 21-vehicle pileup closes Colorado interstateSee More Headlines WED Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WED Company Calendar Last Earnings3/30/2023Today6/08/2023Next Earnings (Estimated)8/10/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeCVE Industry Asset Management Sub-IndustryN/A SectorFinance Current SymbolCVE:WED CUSIPN/A CIKN/A Webwww.westaim.com Phone+1-416-9693333FaxN/AEmployees7Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)C$1.05 Trailing P/E Ratio3.38 Forward P/E Ratio3.41 P/E GrowthN/ANet IncomeC$108.93 million Net Margins91.36% Pretax MarginN/A Return on Equity26.94% Return on Assets15.05% Debt Debt-to-Equity Ratio8.13 Current Ratio39.04 Quick Ratio27.60 Sales & Book Value Annual SalesC$119.22 million Price / Sales4.21 Cash FlowC$3.54 per share Price / Cash Flow1.00 Book ValueC$3.24 per share Price / Book1.10Miscellaneous Outstanding Shares141,390,000Free FloatN/AMarket CapC$501.93 million OptionableNot Optionable Beta0.47 Key ExecutivesMr. Ian W. Delaney (Age 79)Exec. Chairman Comp: $269.14kMr. John Cameron MacDonald CFAPres, CEO & DirectorMr. Glenn Garry MacNeil C.A. (Age 64)C.M.A., CPA, CFA, CPA, Chief Financial Officer Comp: $247.21kMr. Robert Terrance Kittel CFA (Age 51)CPA, Chief Operating Officer Comp: $430.62kMr. Stephen Lyndon Way (Age 74)Chief Exec. of HIIG Ms. Karen WoodfieldControllerMr. Nakul RandevPrincipalMs. Cristina NunesAdvisorMr. William R. Andrus (Age 73)Advisor More ExecutivesKey CompetitorsAGF ManagementTSE:AGF.BGluskin Sheff + AssociatesTSE:GSFiera CapitalTSE:FSZTimbercreek FinancialTSE:TFFinancial 15 SplitTSE:FTNView All CompetitorsInsidersParag ShahBought 273,400 shares on 1/26/2023Total: C$805,983.20 ($2.95/share)Parag ShahBought 125,000 shares on 1/24/2023Total: C$268,750.00 ($2.15/share)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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Westaim Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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