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

Westshore Terminals Investment (TSE:WTE) posted its quarterly earnings results on Wednesday. The company reported C$0.41 EPS for the quarter, FiscalAI reports. Westshore Terminals Investment had a return on equity of 13.48% and a net margin of 29.68%.The business had revenue of C$93.57 million during the quarter.

Westshore Terminals Investment Stock Up 1.2%

TSE:WTE opened at C$39.67 on Thursday. The company has a current ratio of 0.98, a quick ratio of 2.07 and a debt-to-equity ratio of 59.39. The stock has a 50 day moving average of C$40.21 and a 200-day moving average of C$35.96. The firm has a market capitalization of C$2.45 billion, a PE ratio of 24.95 and a beta of 0.73. Westshore Terminals Investment has a 52 week low of C$24.50 and a 52 week high of C$43.60.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada upped their price target on Westshore Terminals Investment from C$39.00 to C$42.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$42.00.

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.