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CVE:WEDWestaim Stock Price, Forecast & News

C$1.71
+0.03 (+1.79 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
C$1.65
Now: C$1.71
C$1.72
50-Day Range
C$1.54
MA: C$1.65
C$1.72
52-Week Range
C$1.37
Now: C$1.71
C$2.91
Volume371,800 shs
Average Volume201,513 shs
Market CapitalizationC$244.85 million
P/E Ratio28.50
Dividend Yield10.32%
BetaN/A
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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Beat the Market (BTM) Rank

Analyst Opinion: 2.0Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.42 out of 5 stars


Industry, Sector and Symbol

Industry Asset Management
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-416-9693333

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$19.29 million
Cash FlowC$2.94 per share
Book ValueC$2.48 per share

Profitability

Miscellaneous

Employees8
Market CapC$244.85 million
Next Earnings Date8/5/2020 (Estimated)
OptionableNot Optionable

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Westaim (CVE:WED) Frequently Asked Questions

How has Westaim's stock been impacted by COVID-19 (Coronavirus)?

Westaim's stock was trading at C$2.05 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WED shares have decreased by 16.6% and is now trading at C$1.71. View which stocks have been most impacted by Coronavirus.

When is Westaim's next earnings date?

Westaim is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Westaim.

How were Westaim's earnings last quarter?

Westaim Corp (CVE:WED) released its earnings results on Wednesday, May, 13th. The company reported ($0.21) earnings per share (EPS) for the quarter. The business earned $31.32 million during the quarter. View Westaim's earnings history.

What price target have analysts set for WED?

0 brokerages have issued 1-year price objectives for Westaim's shares. Their forecasts range from C$3.00 to C$3.00. On average, they anticipate Westaim's share price to reach C$3.00 in the next year. This suggests a possible upside of 75.4% from the stock's current price. View analysts' price targets for Westaim.

Has Westaim been receiving favorable news coverage?

News coverage about WED stock has been trending extremely negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Westaim earned a media sentiment score of -4.6 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the near future. View the latest news aboutWestaim.

Who are some of Westaim's key competitors?

What other stocks do shareholders of Westaim own?

Who are Westaim's key executives?

Westaim's management team includes the following people:
  • Mr. Ian W. Delaney, Exec. Chairman (Age 75)
  • Mr. John Cameron MacDonald CFA, Pres, CEO & Director
  • Mr. Glenn Garry MacNeil CFA, CPA, Chief Financial Officer (Age 60)
  • Mr. Robert Terrance Kittel CFA, CPA, Chief Operating Officer (Age 47)
  • Mr. Joseph Arthur Schenk, Managing Director (Age 60)

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 and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Westaim's stock price today?

One share of WED stock can currently be purchased for approximately C$1.71.

How big of a company is Westaim?

Westaim has a market capitalization of C$244.85 million and generates C$19.29 million in revenue each year. Westaim employs 8 workers across the globe.

What is Westaim's official website?

The official website for Westaim is www.westaim.com.

How can I contact Westaim?

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

This page was last updated on 5/31/2020 by MarketBeat.com Staff

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