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Xceed Mortgage Corporation Company Snapshot
Business Description:
Xceed Mortgage Corporation operates in the Mortgage bankers and correspondents sector. Xceed Mortgage Corporation (Xceed) is a residential mortgage financing company. Xceed's business activities include the origination and sale, through securitization, of residential first-charge mortgage products. The Company is a specialized, single-family insured and uninsured residential mortgage lender. Xceed provides residential mortgages to borrowers. During fiscal year ended October 31, 2011 (fiscal 2011), the Company generated business from two sources: through the renewal of maturing mortgages, and origination of new mortgages through mortgage brokers. Xceed funds the loan through a combination of its working capital, as well as its securitization programs and warehouse credit facilities. Xceed Capital Corporation is the Company's subsidiary. In our complete report available for purchase the company is compared to: FP Newspapers Inc, Brookfield Soundvest Split Trust and First National Financial Corporation.
   
   
 
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Xceed Mortgage Corporation
  Stock Performance Chart for Xceed Mortgage Corporation
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 1.10
(Figures in Canadian Dollars)
1 Week -8.3%   13 Weeks 11.1%  
4 Weeks 42.9%   52 Weeks 46.7%  
 
Xceed Mortgage Corporation Key Data:
  Ticker: XMC Country: CANADA
  Exchanges: TOR Major Industry: Financial
    Sub Industry: Personal Loan
  2011 Sales 9,968,000
(Year Ending Jan 2012).
Employees: 31
  Currency: Canadian Dollars Market Cap: 30,053,053
  Fiscal Yr Ends: October Shares Outstanding: 27,320,957
  Share Type: Common Closely Held Shares: 548,581
 
 
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