Could Westaim Corp See a Reversal After This Very Strong Session?

 Could Westaim Corp See a Reversal After This Very Strong Session?

The stock of Westaim Corp (CVE:WED) is a huge mover today! About 144,474 shares traded hands or 168.83% up from the average. Westaim Corp (CVE:WED) has risen 6.00% since October 15, 2016 and is uptrending. It has outperformed by 1.02% the S&P500.
The move comes after 6 months positive chart setup for the $357.16M company. It was reported on Nov, 14 by Barchart.com. We have $4.00 PT which if reached, will make CVE:WED worth $203.58 million more.

More important recent Westaim Corp (CVE:WED) news were published by: Seekingalpha.com which released: “Westaim: Heads I Win, Tails I Win More” on September 05, 2015, also Valuewalk.com published article titled: “Tobias Shute: In-Depth Analysis of Westaim”, Nytimes.com published: “Daniel Zwirn Forges Partnership With Canadian Investment Firm” on August 31, 2015. More interesting news about Westaim Corp (CVE:WED) was released by: Nypost.com and their article: “Highflying hedgie strikes deal to sell Arena Investors” with publication date: May 06, 2015.

The Westaim Corporation is a Canada investment company. The company has a market cap of $357.16 million. The Firm is engaged in providing long-term capital to businesses operating primarily within the global financial services industry. It has a 209.19 P/E ratio. The Firm 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.

WED.V Company Profile

The Westaim Corporation (Westaim), incorporated on July 1, 2012, is a Canada investment company. The Firm is engaged in providing long-term capital to businesses operating primarily within the global financial services industry. The Firm 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.

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