Westshore Terminals traded at 39.65 this Friday May 15th, increasing 0.19 or 0.48 percent since the previous trading session. Looking back, over the last four weeks, Westshore Terminals gained 14.07 percent. Over the last 12 months, its price rose by 72.84 percent. Looking ahead, we forecast Westshore Terminals to be priced at 38.83 by the end of this quarter and at 36.45 in one year, according to Trading Economics global macro models projections and analysts expectations.
Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). The Company invests in Westshore by way of distributions on Westshore’s limited partnership units. Westshore operates a coal storage and loading terminal at Roberts Bank, British Columbia (the Terminal). Westshore operates a coal handling facility, which serves Canadian and the United States shippers of metallurgical and thermal coal. Its coal is delivered to the Terminal in unit trains operated by the Canadian Pacific, Canadian National (CN) and Burlington Northern Santa Fe (BNSF) railways and is then unloaded and either directly transferred onto a ship or stockpiled for future ship loading. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company. It also provides insurance and vehicle leasing services to the Company.