Westaim (WEDXF) 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: $22.57 to $22.57
• 50-Day Range: $20.02 to $22.65
• 52-Week Range: $16.32 to $25.98
• Volume: 733 shs
• Average Volume: 8,183 shs
• Market Capitalization: $482.14 million
• P/E Ratio: 12.97
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Westaim Stock Analysis - MarketRank™

Westaim scored higher than 23% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Westaim.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Westaim is 12.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.88.

Price to Earnings Ratio vs. Sector

The P/E ratio of Westaim is 12.97, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 75.24.

Price to Book Value per Share Ratio

Westaim has a P/B Ratio of 0.95. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.06% of the float of Westaim has been sold short.

Short Interest Ratio / Days to Cover

Westaim has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Westaim has recently increased by 128.57%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: Weak

Dividend Yield

Westaim does not currently pay a dividend.

Dividend Growth

Westaim does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.06% of the float of Westaim has been sold short.

Short Interest Ratio / Days to Cover

Westaim has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Westaim has recently increased by 128.57%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.64

News Sentiment

Westaim has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Westaim this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Westaim insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.21% of the stock of Westaim is held by insiders.

WEDXF Stock Analysis - Frequently Asked Questions

How have WEDXF shares performed this year?

Westaim's stock was trading at $3.5801 on January 1st, 2025. Since then, WEDXF shares have increased by 530.4% and is now trading at $22.57.
View the best growth stocks for 2025 here.

How were Westaim's earnings last quarter?

The Westaim Co. (OTCMKTS:WEDXF) issued its quarterly earnings results on Wednesday, March, 26th. The company reported ($0.99) EPS for the quarter, missing analysts' consensus estimates of $0.06 by $1.05. The business had revenue of $4.60 million for the quarter, compared to the consensus estimate of $4.70 million. Westaim had a trailing twelve-month return on equity of 7.76% and a net margin of 284.74%.

How do I buy shares of Westaim?

Shares of WEDXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Company Calendar

• Last Earnings: 3/26/2025
• Today: 5/02/2025
• Next Earnings (Estimated): 5/13/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Basic Materials
• Industry: Surgical & medical instruments
• Sub-Industry: Medical Equipment
• Current Symbol: OTCMKTS:WEDXF
• CIK: 1108828
• Web: www.westaim.com
• Phone: (416) 969-3333
• Fax: 416-969-3334
• Employees: 7
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.81)
• Trailing P/E Ratio: 12.97
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $183.98 million
• Net Margins: 284.74%
• Pretax Margin: 299.40%
• Return on Equity: 7.76%
• Return on Assets: 7.29%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 11.81
• Quick Ratio: 11.81

Sales & Book Value

• Annual Sales: $8.63 million
• Price / Sales: 55.87
• Cash Flow: $8.58 per share
• Price / Cash Flow: 2.63
• Book Value: $23.72 per share
• Price / Book: 0.95

Miscellaneous

• Outstanding Shares: 21,362,000
• Free Float: 20,463,000
• Market Cap: $482.14 million
• Optionable: Not Optionable
• Beta: 0.19