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Westbridge Renewable Energy TSXV:WEB Stock Report

Last Price

CA$0.80

Market Cap

CA$76.9m

7D

0%

1Y

-14.0%

Updated

30 Jan, 2025

Data

Company Financials +

Westbridge Renewable Energy Corp.

TSXV:WEB Stock Report

Market Cap: CA$76.9m

My Notes

Capture your thoughts, links and company narrative

Westbridge Renewable Energy Corp. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Westbridge Renewable Energy
Historical stock prices
Current Share PriceCA$0.80
52 Week HighCA$1.10
52 Week LowCA$0.75
Beta0.45
1 Month Change-3.61%
3 Month Change1.27%
1 Year Change-13.98%
3 Year Change207.69%
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

WEBCA Renewable EnergyCA Market
7D0%-6.0%0.05%
1Y-14.0%-4.9%17.5%

Return vs Industry: WEB underperformed the Canadian Renewable Energy industry which returned -4.9% over the past year.

Return vs Market: WEB underperformed the Canadian Market which returned 17.5% over the past year.

Price Volatility

Is WEB's price volatile compared to industry and market?
WEB volatility
WEB Average Weekly Movement6.1%
Renewable Energy Industry Average Movement6.3%
Market Average Movement8.3%
10% most volatile stocks in CA Market18.5%
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$76.92m
Earnings (TTM)CA$33.77m
Revenue (TTM)n/a

2.4x

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

12.5%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/30 01:22
End of Day Share Price 2025/01/30 00:00
Earnings2024/08/31
Annual Earnings2023/11/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Westbridge Renewable Energy Corp. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adam ForsythLongspur Clean Energy