Previous Close | 5.92 |
Open | 5.91 |
Bid | 5.95 x 0 |
Ask | 6.00 x 0 |
Day's Range | 5.91 - 6.25 |
52 Week Range | 5.03 - 12.88 |
Volume | |
Avg. Volume | 6,801 |
Market Cap | 128.434M |
Beta (5Y Monthly) | 0.75 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.12 (2.02%) |
Ex-Dividend Date | Jun 15, 2023 |
1y Target Est | N/A |
Velan Inc. ( TSE:VLN ) shareholders that were waiting for something to happen have been dealt a blow with a 47% share...
France blocked a deal that would have seen the takeover of two Canadian-owned French maker of valves used in nuclear reactors because it did not think commitments made by U.S. bidder Flowserve were sufficient, a finance ministry source said. Flowserve, which makes pumps and valves, said on Thursday it was dropping its $245 million takeover of Montreal-based Velan, whose French subsidiaries Segault and Velan SAS make valves used in nuclear plants, submarines and aircraft carriers. "The minister (Bruno Le Maire) took the decision to reject the two acquisitions because the commitments to reduce all risks associated with the deal were not sufficient," the French finance ministry source told journalists on Friday.
Key Insights The projected fair value for Velan is CA$10.74 based on 2 Stage Free Cash Flow to Equity With CA$10.35...