The Western Investment Company of Canada Ltd (TSE:WI) 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.
Western Investment Company of Canada reported a robust third quarter with record equity income, highlighting its strategic shift towards becoming a property and casualty insurance holding company. The company increased its ownership in Fortress Insurance to 83.57%, positioning itself for future growth. Despite some transaction costs, Western’s performance was strong, aided by favorable results from its associate companies.
For further insights into TSE:WI stock, check out TipRanks’ Stock Analysis page.