Westaim (TSE:WED) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Westaim Corporation reported a Q2 2024 net loss of $17.1 million, a decrease from the Q2 2023 net profit of $31.3 million, but maintained a net profit for the first half of 2024 at $6.2 million. The company also increased its book value per share to $3.91 and cancelled over 3.5 million common shares in a buy-back initiative.
For further insights into TSE:WED stock, check out TipRanks’ Stock Analysis page.