TORONTO (AP) _ Westaim Corp. (WEDXF) on Thursday reported first-quarter net income of $9.1 million, after reporting a loss in the same period a year earlier.

The Toronto-based company said it had profit of 6 cents per share.

The investment company posted revenue of $625,000 in the period.

In the final minutes of trading on Thursday, the company's shares hit $2.20. A year ago, they were trading at $1.20.

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