company background image
WEB logo

Westbridge Renewable Energy TSXV:WEB Stock Report

Last Price

CA$0.82

Market Cap

CA$82.1m

7D

0%

1Y

-21.9%

Updated

20 Nov, 2024

Data

Company Financials

Westbridge Renewable Energy Corp.

TSXV:WEB Stock Report

Market Cap: CA$82.1m

WEB Stock Overview

Engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, and Europe. More details

WEB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends2/6

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$0.82
52 Week HighCA$1.26
52 Week LowCA$0.75
Beta0.52
11 Month Change0%
3 Month Change-3.53%
1 Year Change-21.90%
33 Year Change173.33%
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

WEBCA Renewable EnergyCA Market
7D0%0.6%0.7%
1Y-21.9%14.0%21.7%

Return vs Industry: WEB underperformed the Canadian Renewable Energy industry which returned 14.5% over the past year.

Return vs Market: WEB underperformed the Canadian Market which returned 21.4% over the past year.

Price Volatility

Is WEB's price volatile compared to industry and market?
WEB volatility
WEB Average Weekly Movement5.8%
Renewable Energy Industry Average Movement4.2%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
10% least volatile stocks in CA Market2.9%

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

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 Europe. The company holds interest in the Accalia project, a 221MWp solar PV plant covering an area of approximately 1,120 acres located in Cameron County, Texas; the Sunnynook project, a 332MWp solar PV plant with a 100MW battery energy storage system covering an area of approximately 940 acres located in Alberta, Canada; and the Dolcy project, a 250MWac solar photovoltaic plant with 100MW of battery energy storage system covering approximately 1,025 acres located in east-central Alberta, Canada. It also holds interests in the Eastervale project, a 300MWac and approximately 200MW of battery storage covering approximately 1,272 acres located in the municipality of Provost, in east-central Alberta, Canada; the Red Willow project, a 295MWac of solar generation and approximately 100MW of battery storage totaling an area of 1,435 acres located in Stettler, Alberta; and the Gierre Solare project with a projected capacity of 32MW, as well as the NM Solare project with a projected capacity of 30MW.

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$82.10m
Earnings (TTM)CA$33.77m
Revenue (TTM)n/a

2.5x

P/E Ratio

0.0x

P/S 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 Expenses-CA$33.77m
EarningsCA$33.77m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.33
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio94.4%

How did WEB perform over the long term?

See historical performance and comparison

Dividends

12.2%

Current Dividend Yield

n/a

Payout Ratio