21:54:22 EST Sun 07 Dec 2025
Enter Symbol
or Name
USA
CA



Martinrea International Inc
Symbol MRE
Shares Issued 72,787,848
Close 2025-10-06 C$ 10.74
Market Cap C$ 781,741,488
Recent Sedar Documents

Globe says "attractive valuation" seen at Martinrea

2025-10-07 08:47 ET - In the News

Also In the News (C-GRA) Nanoxplore Inc

The Globe and Mail reports in its Tuesday, Oct. 7, edition that Paul Carter of Capstone Asset Management says he began buying Martinrea International in August, 2024, at $11 a share. The Globe's Brenda Bouw writes that Mr. Carter says, "It seemed like a good value at the time, and the risks of an upcoming Trump administration and tariffs were discounted in the stock price." Mr. Carter says he saw long-term growth potential through organic growth and acquisitions. He notes that concerns about tariffs dropped the stock to about $6 in April, "allowing us to buy more. It has since rebounded to our original purchase price." In August, following a strong second quarter report, executive chairman Rob Wildeboer noted that the impact of tariffs had not been as severe as anticipated. With solid margins, free cash flow, a healthy balance sheet and attractive valuation, Mr. Carter sees "significant upside in the coming years." He adds, "We also like its strategic investment in Nanoxplore. It makes graphene powder for use in transportation and industrial markets], "which could be another tailwind that potentially could propel the stock price in the future."

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