CVE:WED

Westaim - WED Stock Forecast, Price & News

C$2.95

+0.01 (+0.34%)

(As of 03/23/2023 12:11 PM ET)

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Today's Range: C$2.93
▼
C$2.95
50-Day Range: C$2.72
▼
C$3.00
52-Week Range: C$2.20
▼
C$3.00

Volume: 63,200 shs
Average Volume: 79,700 shs
Market Capitalization: C$417.10 million

P/E Ratio: N/A
Dividend Yield: 6.10%
Price Target: N/A

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

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 23, 2023 | Behind the Markets (Ad)

[BREAKING] New "Living Missile" to Replace Nuclear Missiles

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

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

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%

March 23, 2023 | Weiss Ratings (Ad)

Fed's Shocking New Plan to Control Your Money

The Federal Reserve has a disturbing plan that is getting ready to roll out as soon as May. This is a lot more than printing trillions of dollars or manipulating interest rates. It's about every checking account, every purchase and every money transfer in America — including yours and mine. 

October 26, 2022 | nz.finance.yahoo.com

Arena Investors Receives HFM Performance Award for Differentiated Results in the Recent Market Environment

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

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WED Company Calendar

Today: 3/23/2023
Next Earnings (Estimated): 4/13/2023

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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($0.08)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 9.19
P/E Growth: N/A
Net Income: C$-8,170,000.00
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: -2.43%
Return on Assets: -1.37%

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: -462.39
Cash Flow: C$2.93 per share
Price / Cash Flow: 1.00
Book Value: C$2.34 per share
Price / Book: 1.26

Miscellaneous

Outstanding Shares: 141,390,000
Free Float: N/A
Market Cap: C$415.69 million
Optionable: Not Optionable
Beta: 0.48

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

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 start of the year. Since then, WED stock has increased by 11.8% and is now trading at C$2.94.
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.
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.
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$2.94.
How much money does Westaim make?: Westaim (CVE:WED) has a market capitalization of C$415.69 million and generates C$-899,000.00 in revenue each year. The company earns C$-8,170,000.00 in net income (profit) each year or C($0.08) 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 3/23/2023 by MarketBeat.com Staff

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