Acadian Timber (TSE:ADN – Get Free Report) released its quarterly earnings data on Wednesday. The company reported C$0.23 earnings per share (EPS) for the quarter, FiscalAI reports. Acadian Timber had a net margin of 57.17% and a return on equity of 13.35%. The business had revenue of C$24.02 million during the quarter.
Acadian Timber Stock Performance
Shares of ADN stock opened at C$17.20 on Thursday. The business’s 50-day moving average price is C$17.22 and its 200-day moving average price is C$17.18. The firm has a market capitalization of C$323.03 million, a price-to-earnings ratio of 6.59, a PEG ratio of -4.84 and a beta of 0.34. Acadian Timber has a 12 month low of C$13.98 and a 12 month high of C$18.19. The company has a current ratio of 0.20, a quick ratio of 1.04 and a debt-to-equity ratio of 32.25.
Acadian Timber Company Profile
Acadian Timber Corp. (‘Acadian’) is one of the largest timberland owners in Eastern Canada and the Northeastern U.S. We own and manage 775,000 acres of freehold timberlands in New Brunswick and approximately 300,000 acres of freehold timberlands in Maine. Acadian also provides timber services relating to 1.3 million acres of Crown licensed timberlands in New Brunswick. Our primary business is the production of softwood and hardwood sawlogs, pulpwood, and biomass by-products, sold to approximately 85 regional customers.
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