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

Conifex Timber Inc. (TSE:CFF)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 65169 shares traded. The stock had previously closed at C$0.09.

Conifex Timber Stock Performance

The company has a debt-to-equity ratio of 79.64, a quick ratio of 0.91 and a current ratio of 1.48. The company has a market cap of C$2.85 million, a PE ratio of -0.08, a PEG ratio of 0.06 and a beta of 1.09. The business’s 50-day moving average is C$0.20 and its 200 day moving average is C$0.27.

Conifex Timber (TSE:CFF) last announced its quarterly earnings data on Friday, November 14th. The company reported C($0.37) earnings per share (EPS) for the quarter. Conifex Timber had a negative net margin of 17.64% and a negative return on equity of 22.06%. The company had revenue of C$38.16 million for the quarter. On average, equities research analysts predict that Conifex Timber Inc. will post 0.0300312 EPS for the current fiscal year.

Conifex Timber Company Profile

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.