Velan Inc. (T:VLN)
Business Focus: Industrial Valve Manufacturing
Mostly sunny as of April 01, 2024
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Insider Filings
Latest 10 SEDI filings for VLN within the last 6 months
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Company News
Feb 05, 2024 16:00 ET
James Mannebach is appointed as CEO of Velan
Velan Inc. (“Velan”) (TSX: VLN) today announces that its board of directors has appointed Mr. James Mannebach as CEO of Velan. Mr. Mannebach is the Chair of the Board of Directors of Velan and was previously the interim CEO. “We believe it’s in...
Jan 11, 2024 17:50 ET
Velan Inc. Reports Its Fiscal 2024 Third Quarter Financial Results
Velan Inc. (TSX: VLN) (the “Company”), a world-leading manufacturer of industrial valves, announced today its financial results for its third quarter ended November 30, 2023. All amounts are expressed in U.S. dollars unless indicated otherwise....
Valuation Ratios
Industry
Sector
Beta
0.75
--
--
Price to Sales - TTM
0.27
0.27
3.29
Price to Book - most recent quarter
0.50
0.50
2.82
Price to Cash Flow per share - TTM
--
--
12.01
Price to Free Cash Flow per share - TTM
--
--
28.56
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Apr 15, 2024 | 33 | -443 |
| Mar 31, 2024 | 476 | 226 |
| Mar 15, 2024 | 250 | 167 |
Business Summary
| Sector: Industrials | Industry: Industrial Machinery & Equipment |
Velan Inc. is a Canada-based manufacturers of industrial valves. The Company designs, manufactures and markets a range of industrial valves for use in industry applications, including power generation, oil and gas, refining and petrochemicals, chemicals, liquid natural gas and cryogenics, pulp and paper, geothermal processes and shipbuilding. Its products include Quarter-turn valves, Gate, globe, and check valves, Cryogenic valves, HF Acid valves, Steam traps, Bellows seal valves and Velan ABV Valves. Its services include research and development, maintenance manuals (IOMs), spare parts and service locations. The North American operations comprising two manufacturing plants in Canada, as well as one manufacturing plant and one distribution facility in the United States. Its overseas operations include manufacturing plants in France, Italy, Portugal, Korea, Taiwan, India, and China. The Company's operations also include a sales operation in Germany.
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