Shares of Conifex Timber Inc. (TSE:CFF – Get Free Report) were down 9.1% during mid-day trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 293,203 shares changed hands during trading, an increase of 316% from the average daily volume of 70,528 shares. The stock had previously closed at C$0.11.
Conifex Timber Price Performance
The stock has a market capitalization of C$3.67 million, a P/E ratio of -0.08, a price-to-earnings-growth ratio of 0.06 and a beta of 0.53. The company has a debt-to-equity ratio of 330.49, a quick ratio of 0.91 and a current ratio of 0.68. The firm has a 50-day moving average price of C$0.13 and a 200 day moving average price of C$0.13.
Conifex Timber (TSE:CFF – Get Free Report) last issued its earnings results on Friday, August 14th. The company reported C($0.23) earnings per share (EPS) for the quarter. The firm had revenue of C$23.00 million during the quarter. Conifex Timber had a negative return on equity of 103.21% and a negative net margin of 43.14%. On average, analysts expect that Conifex Timber Inc. will post 0.0300312 EPS for the current year.
About Conifex Timber
Conifex Timber Inc is a Canada based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm’s primary activities of the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company’s harvesting and manufacturing operations.
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