PINK
WEDXF

The Westaim Corporation

Asset Management
Financial Services

Prices are adjusted according to historical splits.

The Westaim Corporation Stock Price

Vitals

Today's Low:
$2.64
Today's High:
$2.64
Open Price:
$2.64
52W Low:
$1.74
52W High:
$2.82
Prev. Close:
$2.64
Volume:
0

Company Statistics

Market Cap.:
$366.94 million
Book Value:
3.406
Revenue TTM:
$154.74 million
Operating Margin TTM:
92.71%
Gross Profit TTM:
$27.44 million
Profit Margin:
91.68%
Return on Assets TTM:
19.22%
Return on Equity TTM:
34.58%

Company Profile

The Westaim Corporation had its IPO on 1997-06-26 under the ticker symbol WEDXF.

The company operates in the Financial Services sector and Asset Management industry. The Westaim Corporation has a staff strength of 7 employees.

Stock update

Shares of The Westaim Corporation opened at $2.64 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.64 - $2.64, and closed at $2.64.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of The Westaim Corporation have increased by +1.15%.

The Westaim Corporation's Key Ratios

The Westaim Corporation has a market cap of $366.94 million, indicating a price to book ratio of 0.7877 and a price to sales ratio of 14.5993.

In the last 12-months The Westaim Corporation’s revenue was $154.74 million with a gross profit of $27.44 million and an EBITDA of $143.48 million. The EBITDA ratio measures The Westaim Corporation's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, The Westaim Corporation’s operating margin was 92.71% while its return on assets stood at 19.22% with a return of equity of 34.58%.

In Q2, The Westaim Corporation’s quarterly earnings growth was a positive 2844.6% while revenue growth was a positive 9154.4%.

The Westaim Corporation’s PE and PEG Ratio

Forward PE
8.0386
Trailing PE
2.5882
PEG
0

Its diluted EPS in the last 12-months stands at $1.02 per share while it has a forward price to earnings multiple of 8.0386 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into The Westaim Corporation’s profitability.

The Westaim Corporation stock is trading at a EV to sales ratio of 17.6271 and a EV to EBITDA ratio of 12.9373. Its price to sales ratio in the trailing 12-months stood at 14.5993.

The Westaim Corporation stock pays annual dividends of $0 per share, indicating a yield of 8.05% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$534.04 million
Total Liabilities
$0
Operating Cash Flow
$0
Capital Expenditure
$0
Dividend Payout Ratio
0%

The Westaim Corporation ended 2024 with $534.04 million in total assets and $0 in total liabilities. Its intangible assets were valued at $534.04 million while shareholder equity stood at $473.42 million.

The Westaim Corporation ended 2024 with $0 in deferred long-term liabilities, $0 in other current liabilities, in common stock, $94.84 million in retained earnings and $0 in goodwill. Its cash balance stood at $86.82 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

The Westaim Corporation’s total current assets stands at $0 while long-term investments were $446.25 million and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $2.02 million and inventory worth $0.

In 2024, The Westaim Corporation's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, The Westaim Corporation paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$2.64
52-Week High
$2.82
52-Week Low
$1.74
Analyst Target Price
$

The Westaim Corporation stock is currently trading at $2.64 per share. It touched a 52-week high of $2.82 and a 52-week low of $2.82. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $2.66 and 200-day moving average was $2.3 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 1490.9% of the company’s stock are held by insiders while 922.2% are held by institutions.

Frequently Asked Questions About The Westaim Corporation

The stock symbol (also called stock or share ticker) of The Westaim Corporation is WEDXF

The IPO of The Westaim Corporation took place on 1997-06-26

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About

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.

Address

70 York Street, Toronto, ON, Canada, M5J 1S9