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The Westaim Corporation (V:WED)

Business Focus: Corporate Financial Services

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Insider Chart - Past 6 Months

Insider Filings

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

Aug 07, 2019 16:00 ET
The Westaim Corporation Reports 2019 Second Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that it recorded a net profit of $7.8 million or $0.05 per share for the three months ended June 30, 2019, compared to a net loss of $0.1 million or $nil per share for the three months ended June 30, 2018. For the six months ended June 30, 2019, Westaim recorded a net profit of $17.9 million or $0.12 per share compared to a net profit of $5.8 million or $0.04 per share for the six months ended June 30, 2018.
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May 08, 2019 16:33 ET
The Westaim Corporation Reports 2019 First Quarter Results
The Westaim Corporation (“Westaim” or the “Company”) (TSXV: WED) today announced that it recorded a net profit of $10.1 million or $0.07 per share on a diluted basis for the three months ended March 31, 2019, compared to a net profit of $5.9 million or $0.04 per share on a diluted basis for the three months ended March 31, 2018.
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Valuation Ratios

Industry
Sector
Beta
0.69
--
--
Price to Sales - TTM
52.99
7.43
7.37
Price to Book - most recent quarter
0.71
1.43
1.50
Price to Cash Flow per share - TTM
8.98
10.03
10.72
Price to Free Cash Flow per share - TTM
--
18.20
22.43
See all valuations

Short Report

DateNumber of Shares ShortedNet Change
Sep 30, 20198,29810
Sep 15, 20198,2882,558
Aug 31, 20195,730-7,390
See Short Report

Business Summary

Sector:  Financials Industry:  Corporate Financial Services

The Westaim Corporation (Westaim) is a Canada-based investment company. The Company is engaged in providing long-term capital to businesses operating primarily within the global financial services industry. The Company invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. The Company's principal investments consist of Houston International Insurance Group, Ltd. (HIIG), through Westaim HIIG Limited Partnership, and the Arena group of companies. HIIG is a diversified specialty insurance company providing coverage primarily in the United States but also globally for certain risks. Its Arena Group includes Arena Investors, Arena Finance and Arena Origination.

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