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Westbridge Renewable Energy TSXV:WEB Stock Report

Last Price

CA$0.87

Market Cap

CA$86.5m

7D

-2.2%

1Y

-16.3%

Updated

24 Apr, 2024

Data

Company Financials

Westbridge Renewable Energy Corp.

TSXV:WEB Stock Report

Market Cap: CA$86.5m

WEB Stock Overview

Westbridge Renewable Energy Corp. engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, and the United Kingdom.

WEB fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Westbridge Renewable Energy Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Westbridge Renewable Energy
Historical stock prices
Current Share PriceCA$0.87
52 Week HighCA$1.48
52 Week LowCA$0.57
Beta0.43
1 Month Change-13.00%
3 Month Change-13.86%
1 Year Change-16.35%
3 Year Changen/a
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

WEBCA Renewable EnergyCA Market
7D-2.2%4.7%1.2%
1Y-16.3%-28.5%6.1%

Return vs Industry: WEB exceeded the Canadian Renewable Energy industry which returned -28.5% over the past year.

Return vs Market: WEB underperformed the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is WEB's price volatile compared to industry and market?
WEB volatility
WEB Average Weekly Movement5.7%
Renewable Energy Industry Average Movement4.3%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.1%
10% least volatile stocks in CA Market3.1%

Stable Share Price: WEB has not had significant price volatility in the past 3 months.

Volatility Over Time: WEB's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aStefano Romaninwestbridge.energy

Westbridge Renewable Energy Corp. engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, and the United Kingdom. Its flagship asset is the Georgetown project, a 278MWp solar PV plant covering an area of approximately 710 acres located in Vulcan County, Alberta. The company also holds 100% interest in the Accalia project, a 221MWp solar PV plant covering an area of approximately 1,120 acres located in Cameron County, Texas; 75% interest in the Sunnynook project, a 330MWp solar PV plant with a 100MW battery energy storage system covering an area of approximately 940 acres located in Sunnynook, Alberta, Canada; and the Red Willow project, a 395MWp solar PV plant with a 100MW/200MWh battery energy storage system.

Westbridge Renewable Energy Corp. Fundamentals Summary

How do Westbridge Renewable Energy's earnings and revenue compare to its market cap?
WEB fundamental statistics
Market capCA$86.51m
Earnings (TTM)-CA$3.08m
Revenue (TTM)n/a

0.0x

P/S Ratio

-28.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WEB income statement (TTM)
RevenueCA$0
Cost of RevenueCA$0
Gross ProfitCA$0
Other ExpensesCA$3.08m
Earnings-CA$3.08m

Last Reported Earnings

Nov 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-0.031
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio589.4%

How did WEB perform over the long term?

See historical performance and comparison
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