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CVE:WED - Westaim Stock Price, Forecast & News

C$1.70
-0.14 (-7.61 %)
(As of 03/29/2020 05:55 AM ET)
Today's Range
C$1.67
Now: C$1.70
C$1.80
50-Day Range
C$1.44
MA: C$2.16
C$2.50
52-Week Range
C$1.37
Now: C$1.70
C$2.92
Volume244,800 shs
Average Volume180,441 shs
Market CapitalizationC$243.42 million
P/E Ratio9.09
Dividend Yield9.76%
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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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$32.85 million
Cash FlowC$3.31 per share
Book ValueC$2.57 per share

Profitability

Miscellaneous

Employees8
Market CapC$243.42 million
Next Earnings Date5/13/2020 (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 COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WED stock has decreased by 17.1% and is now trading at C$1.70. View which stocks have been mosted impacted by Coronavirus.

When is Westaim's next earnings date?

Westaim is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Westaim.

Has Westaim been receiving favorable news coverage?

Headlines about WED stock have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Westaim earned a daily sentiment score of 1.2 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutWestaim.

Who are some of Westaim's key competitors?

What other stocks do shareholders of Westaim own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Westaim investors own include Editas Medicine (EDIT), Ford Motor (F), General Electric (GE), BlackBerry (BB), Bank of Montreal (BMO), Canadian Imperial Bank of Commerce (CM), Enbridge (ENB), Pulse Seismic (PSD), Royal Bank of Canada (RY) and SunOpta (SOY).

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$1.70.

How big of a company is Westaim?

Westaim has a market capitalization of C$243.42 million and generates C$32.85 million in revenue each year. Westaim employs 8 workers across the globe. View additional information about Westaim.

What is Westaim's official website?

The official website for Westaim is http://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.


MarketBeat Community Rating for Westaim (CVE WED)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  85 (Vote Underperform)
Total Votes:  191
MarketBeat's community ratings are surveys of what our community members think about Westaim and other stocks. Vote "Outperform" if you believe WED will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WED will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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