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$21.90 to C$22.12
• 50-Day Range: C$21.05 to C$23.65
• 52-Week Range: C$20.10 to C$30.20
• Volume: 2,115 shs
• Average Volume: 10,189 shs
• Market Capitalization: C$734.10 million
• P/E Ratio: N/A
• Dividend Yield: 0.81%
• Price Target: N/A
• Consensus Rating: N/A

Company Calendar

• Last Earnings: 11/12/2024
• Today: 8/12/2026

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Finance
• Industry: Capital Markets
• Sub-Industry: Asset Management & Custody Banks
• 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

Profitability

• EPS (Trailing Twelve Months): C($1.91)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 237.68
• P/E Growth: N/A
• Net Income: C$4.52 million
• Net Margins: -67.85%
• Pretax Margin: N/A
• Return on Equity: -9.69%
• Return on Assets: 7.60%

Debt

• Debt-to-Equity Ratio: 1.25
• Current Ratio: 7.06
• Quick Ratio: 27.60

Sales & Book Value

• Annual Sales: C$84.96 million
• Price / Sales: 8.64
• Cash Flow: C$22.05 per share
• Price / Cash Flow: 1.00
• Book Value: C$18.78 per share
• Price / Book: 1.18

Miscellaneous

• Outstanding Shares: 33,187,000
• Free Float: N/A
• Market Cap: C$734.10 million
• Optionable: Not Optionable
• Beta: -0.18