Conifex Timber (TSE:CFF) Hits New 1-Year Low – Here’s Why

Conifex Timber Inc. (TSE:CFF)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.30 and last traded at C$0.30, with a volume of 58000 shares changing hands. The stock had previously closed at C$0.31.

Conifex Timber Stock Down 4.8 %

The stock has a market capitalization of C$12.03 million, a price-to-earnings ratio of -0.43, a PEG ratio of 0.06 and a beta of 1.42. The company has a debt-to-equity ratio of 73.11, a current ratio of 1.85 and a quick ratio of 0.91. The firm’s fifty day moving average is C$0.41 and its 200-day moving average is C$0.40.

Conifex Timber Company Profile

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.