Westaim Corp Can’t Burn Your Short Portfolio. Has Another Weak Session

 Westaim Corp Can't Burn Your Short Portfolio. Has Another Weak Session

The stock of Westaim Corp (CVE:WED) is a huge mover today! About 696,800 shares traded hands or 1078.20% up from the average. Westaim Corp (CVE:WED) has risen 6.00% since October 16, 2016 and is uptrending. It has outperformed by 2.07% the S&P500.
The move comes after 6 months negative chart setup for the $358.29 million company. It was reported on Nov, 15 by Barchart.com. We have $2.16 PT which if reached, will make CVE:WED worth $46.58M less.

More news for Westaim Corp (CVE:WED) were recently published by: Seekingalpha.com, which released: “Westaim: Heads I Win, Tails I Win More” on September 05, 2015. Valuewalk.com‘s article titled: “Tobias Shute: In-Depth Analysis of Westaim” and published on February 02, 2015 is yet another important article.

The Westaim Corporation is a Canada investment company. The company has a market cap of $358.29 million. The Firm is engaged in providing long-term capital to businesses operating primarily within the global financial services industry. It currently has negative earnings. 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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment