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Velan Inc. (T:VLN)

Business Focus: Industrial Valve Manufacturing

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Insider Chart - Past 6 Months

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Insider Filings

Latest 10 SEDI filings for VLN within the last 6 months
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Company News

Jul 17, 2020 15:51 ET
Velan Inc.: New North American Financing Agreement
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, is pleased to announce the completion and funding on July 8th 2020 of a new financing agreement with Bank of Montreal, acting as lead-arranger and sole...
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Jul 10, 2020 18:32 ET
Velan Announces Election of Directors
MONTRÉAL, July 10, 2020 /CNW Telbec/ - Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 23, 2020 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held on July 9, 2020 in Montréal, Québec.
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Valuation Ratios

Industry
Sector
Beta
1.22
--
--
Price to Sales - TTM
0.07
0.07
3.93
Price to Book - most recent quarter
0.31
0.31
3.25
Price to Cash Flow per share - TTM
65.05
--
10.86
Price to Free Cash Flow per share - TTM
2.15
2.15
17.82
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Short Report

DateNumber of Shares ShortedNet Change
Sep 15, 20205,100-5,526
Aug 31, 202010,6265,743
Aug 15, 20204,883-33
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Business Summary

Sector:  Industrials Industry:  Industrial Machinery & Equipment

Velan Inc. designs, manufactures and markets a range of industrial valves for use in various industry applications across the world, including power generation, oil and gas, refining and petrochemicals, chemical, liquid natural gas (LNG) and cryogenics, pulp and paper, geothermal processes and shipbuilding. The Company produces steel industrial valves operating approximately 15 manufacturing plants across the world. The Company has operations in geographies, including Canada, the United States, France, Italy and Other. The Company's North American operations comprise approximately four manufacturing plants and a distribution facility in Canada, as well as a manufacturing plant and over three distribution facilities in the United States. The Company's overseas operations include manufacturing plants in France, Italy, Portugal, the United Kingdom, Korea, Taiwan, India and China. The Company's operations also include a distribution facility in Germany and over 50% owned Korean foundry.

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