Westaim (WED) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: C$31.54 to C$31.71
• 50-Day Range: C$28.29 to C$33.17
• 52-Week Range: C$22.80 to C$35.55
• Volume: 1,614 shs
• Average Volume: 13,258 shs
• Market Capitalization: C$465.98 million
• P/E Ratio: 71.36
• Dividend Yield: 0.57%
• Price Target: C$7.75
• Consensus Rating: N/A

WED Stock Analysis - Frequently Asked Questions

How have WED shares performed this year?

Westaim's stock was trading at C$5.17 on January 1st, 2025. Since then, WED stock has increased by 522.9% and is now trading at C$32.21.
View the best growth stocks for 2025 here.

How were Westaim's earnings last quarter?

The Westaim Co. (CVE:WED) posted its earnings results on Tuesday, November, 12th. The company reported ($0.01) EPS for the quarter. Westaim had a net margin of 44.28% and a trailing twelve-month return on equity of 7.76%.

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.

What other stocks do shareholders of Westaim own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Westaim investors own include Arista Networks (ANET), MercadoLibre (MELI), Nextera Energy Partners (NEP), Enbridge (ENB), ASML (ASML), Enterprise Products Partners (EPD) and Innovative Industrial Properties (IIPR).

Company Calendar

• Last Earnings: 11/12/2024
• Today: 6/02/2025

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Banking
• Current Symbol: CVE:WED
• CIK: N/A
• Web: www.westaim.com
• Phone: +1-416-9693333
• Fax: N/A
• Employees: 3,240
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$7.75
• High Stock Price Target: C$7.75
• Low Stock Price Target: C$7.75
• Potential Upside/Downside: -75.9%
• Consensus Rating: N/A
• Rating Score (0-4): 0.00
• Research Coverage: 0 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.44
• Trailing P/E Ratio: 72.86
• Forward P/E Ratio: 346.04
• P/E Growth: N/A
• Net Income: C$4.52 million
• Net Margins: 44.28%
• Pretax Margin: N/A
• Return on Equity: 7.76%
• Return on Assets: 7.60%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: 27.60

Sales & Book Value

• Annual Sales: C$10.20 million
• Price / Sales: 46.65
• Cash Flow: C$32.10 per share
• Price / Cash Flow: 1.00
• Book Value: C$3.89 per share
• Price / Book: 8.27

Miscellaneous

• Outstanding Shares: 14,774,146
• Free Float: N/A
• Market Cap: C$475.80 million
• Optionable: Not Optionable
• Beta: 0.39