company background image
WEB logo

Westbridge Renewable Energy TSXV:WEB Stock Report

Last Price

CA$0.73

Market Cap

CA$73.8m

7D

30.4%

1Y

-15.1%

Updated

30 Apr, 2025

Data

Company Financials +

Westbridge Renewable Energy Corp.

TSXV:WEB Stock Report

Market Cap: CA$73.8m

WEB Stock Overview

A renewable energy company, engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, the United Kingdom, and Italy. More details

WEB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth1/6
Past Performance3/6
Financial Health6/6
Dividends2/6

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

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$0.73
52 Week HighCA$1.08
52 Week LowCA$0.55
Beta0.46
1 Month Change-1.35%
3 Month Change-8.75%
1 Year Change-15.12%
3 Year Change170.37%
5 Year Changen/a
Change since IPOn/a

Recent News & Updates

Recent updates

Shareholder Returns

WEBCA Renewable EnergyCA Market
7D30.4%3.3%1.6%
1Y-15.1%9.3%12.3%

Return vs Industry: WEB underperformed the Canadian Renewable Energy industry which returned 16.6% over the past year.

Return vs Market: WEB underperformed the Canadian Market which returned 12.3% over the past year.

Price Volatility

Is WEB's price volatile compared to industry and market?
WEB volatility
WEB Average Weekly Movement11.6%
Renewable Energy Industry Average Movement5.5%
Market Average Movement9.5%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market4.1%

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 (12%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aStefano Romaninwestbridge.energy

Westbridge Renewable Energy Corp., a renewable energy company, engages in the acquisition and development of solar photovoltaic (PV) projects in Canada, the United States, the United Kingdom, and Italy. The company holds interest in the Accalia project, a 221 MWdc solar photovoltaic project in Texas, the United States; Sunnynook project, a 280MWac solar PV and 100MW BESS in Alberta, Canada; Dolcy project, a 375 MWdc solar photovoltaic project in east-central Alberta, Canada; Eastervale project, which targets a total capacity of 300MWac solar photovoltaic and 200MW of BESS in Alberta, Canada; Red Willow project, targeting a total capacity of 225MWac of solar photovoltaic and up to 100MW of BESS near Stettler, Alberta; Normandeau project, targeting a capacity of 250MWac solar photovoltaic in Lac La Biche County, in northeast Alberta, Canada; a 53MW grid connection for a battery energy storage system in Lincoln, United Kingdom; and originated projects comprising Gierre Solare project, located in Lazio, Italy, and the NM Solare project, located in Lazio and Umbria, Italy. It also holds interest in the Corry project, located in Texas; the Autrey project, located in New Mexico; the Ivy Project, located in Colorado; the Albion project, located in Nebraska; the Southern Prairie project, located in Louisiana; the Delphine project, located in Louisiana; the Moundville project, located in Alabama; the Happy Life project, located in Colorado; and the Aster project, located in Alabama.

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$73.84m
Earnings (TTM)CA$55.67m
Revenue (TTM)n/a

1.3x

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$55.67m
EarningsCA$55.67m

Last Reported Earnings

Nov 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.55
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did WEB perform over the long term?

See historical performance and comparison

Dividends

13.7%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/30 15:12
End of Day Share Price 2025/04/30 00:00
Earnings2024/11/30
Annual Earnings2024/11/30

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.

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 Github.

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