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Westaim: 4Q Earnings Snapshot

TORONTO (AP) _ Westaim Corp. (WEDXF) on Thursday reported a fourth-quarter loss of $13 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had a loss of 9 cents.

The investment company posted revenue of $4.5 million in the period.

For the year, the company reported profit of $8.5 million, or 6 cents per share. Revenue was reported as $9.2 million.

In the final minutes of trading on Thursday, the company's shares hit $1.30. A year ago, they were trading at $1.90.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEDXF at https://www.zacks.com/ap/WEDXF