Westshore Terminals Investment (TSE:WTE) Posts Quarterly Earnings Results

Westshore Terminals Investment (TSE:WTE) posted its quarterly earnings results on Saturday. The company reported C$0.47 EPS for the quarter, FiscalAI reports. Westshore Terminals Investment had a return on equity of 13.28% and a net margin of 29.65%. The firm had revenue of C$106.00 million during the quarter.

Westshore Terminals Investment Trading Down 2.1%

WTE stock traded down C$0.93 during midday trading on Friday, hitting C$43.11. 54,255 shares of the company’s stock were exchanged, compared to its average volume of 105,443. The business has a 50-day simple moving average of C$42.78 and a two-hundred day simple moving average of C$38.26. The company has a current ratio of 1.04, a quick ratio of 2.07 and a debt-to-equity ratio of 58.75. The stock has a market capitalization of C$2.66 billion, a PE ratio of 27.11 and a beta of 0.27. Westshore Terminals Investment has a 1-year low of C$24.50 and a 1-year high of C$45.92.

Analyst Ratings Changes

Separately, Royal Bank Of Canada upped their target price on Westshore Terminals Investment from C$44.00 to C$47.00 in a report on Wednesday, September 30th. One analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of C$47.00.

Westshore Terminals Investment Company Profile

Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship.