Acadian Timber Corp. (OTCMKTS:ACAZF – Get Free Report)’s stock price shot up 0.1% on Wednesday. The stock traded as high as $12.7280 and last traded at $12.7280. Approximately 2,500 shares traded hands during trading, an increase of 18% from the average session volume of 2,120 shares. The stock had previously closed at $12.7210.
Acadian Timber Stock Performance
The company’s 50-day moving average price is $12.48 and its 200 day moving average price is $12.48.
Acadian Timber Company Profile
Acadian Timber Corp. is a Canadian forest products company that owns and manages freehold timberlands in New Brunswick and Maine. The company focuses on the sustainable management and harvesting of its forest assets, with activities centered on long-term timber production and responsible forest stewardship.
Acadian Timber produces a range of primary forest products, including softwood and hardwood sawlogs, pulpwood and biomass. Its products are sold primarily to sawmills, pulp and paper manufacturers, and other industrial customers serving the construction, paper and renewable-energy markets.
The company was established in 2006 and has built its business around timberland ownership and forest management in eastern Canada and the northeastern United States.
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