GreenFirst Forest Products Inc. (TSE:GFP – Get Free Report) shares shot up 4.1% during trading on Tuesday . The company traded as high as C$2.01 and last traded at C$2.01. 15,605 shares changed hands during mid-day trading, an increase of 140% from the average daily volume of 6,493 shares. The stock had previously closed at C$1.93.
GreenFirst Forest Products Trading Up 4.1%
The company has a current ratio of 2.11, a quick ratio of 1.06 and a debt-to-equity ratio of 149.36. The business has a 50 day simple moving average of C$1.95 and a two-hundred day simple moving average of C$2.13. The stock has a market cap of C$46.56 million, a price-to-earnings ratio of -0.43 and a beta of 1.44.
GreenFirst Forest Products (TSE:GFP – Get Free Report) last announced its earnings results on Tuesday, August 11th. The company reported C$0.24 earnings per share (EPS) for the quarter. GreenFirst Forest Products had a negative return on equity of 184.29% and a negative net margin of 34.66%.The company had revenue of C$96.10 million for the quarter. As a group, equities analysts anticipate that GreenFirst Forest Products Inc. will post 0.05 EPS for the current year.
About GreenFirst Forest Products
GreenFirst Forest Products is a forest-first business, focused on sustainable forest management and lumber production. The Company owns four sawmills located in rich wood baskets proudly operating over six million hectares of FSC® certified public Ontario forest lands (FSC®-C167905). The Company believes that responsible forest practices, coupled with the long-term green advantage of lumber, provide GreenFirst with significant cyclical and secular advantages in building products.
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