New Commerce Split Fund (YCM) Stock Price, News & Analysis

Company Overview

The Companys investment objectives with respect to the Class A Shares are (a) to provide holders of Class A Shares with regular monthly cash dividends targeted to be $0.05 per Class A Share to yield 6.0% per annum on the original issue price and (b) on or about the Termination Date, to pay the holders of Class A Shares at least the original issue price of the Class A Shares. In order to achieve its objectives, the Company will invest the net proceeds of the Offering in common shares of the Bank. To supplement the dividends or other distributions received on the common shares of the Bank held by the Company and to reduce risk, the Company may from time to time write covered call options in respect of some or all of such common shares. The number of common shares of the Bank that are the subject of call options and the terms of such options will vary from time to time as determined by Quadravest Capital Management Inc. (``Quadravest), the Companys investment manager.

Key Stats

• Today's Range: C$6.10 to C$6.10
• 50-Day Range: C$5.00 to C$6.13
• 52-Week Range: C$3.25 to C$6.21
• Volume: 601 shs
• Average Volume: 831 shs
• Market Capitalization: C$5.47 million
• P/E Ratio: 4.30
• Dividend Yield: 9.90%
• Price Target: N/A
• Consensus Rating: N/A

YCM Stock Analysis - Frequently Asked Questions

How have YCM shares performed this year?

New Commerce Split Fund's stock was trading at C$5.00 on January 1st, 2025. Since then, YCM shares have increased by 21.4% and is now trading at C$6.07.

How do I buy shares of New Commerce Split Fund?

Shares of YCM 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 New Commerce Split Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that New Commerce Split Fund investors own include Insight Select Income Fund (INSI), Invesco DB Agriculture Fund (DBA), CTI BioPharma (CTIC), Teucrium Corn Fund (CORN), ChargePoint (CHPT), The China Fund (CHN) and Bernstein Global Research Fund (BRGL).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: TSE:YCM
• CIK: N/A
• Web: www.quadravest.com
• Phone: 416-304-4440
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): C$1.42
• Trailing P/E Ratio: 4.30
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -C$989.73 thousand
• Net Margins: 119.19%
• Pretax Margin: N/A
• Return on Equity: -71.95%
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 1,428.75
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: C$2.01 million
• Price / Sales: 2.72
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: C$0.70 per share
• Price / Book: 8.72

Miscellaneous

• Outstanding Shares: 897,000
• Free Float: N/A
• Market Cap: C$5.47 million
• Optionable: Not Optionable
• Beta: 2.54