GreenFirst Forest Products (TSE:GFP) Announces Earnings Results

GreenFirst Forest Products (TSE:GFP) issued its earnings results on Monday. The company reported C$0.24 earnings per share (EPS) for the quarter, FiscalAI reports. The business had revenue of C$96.10 million during the quarter. GreenFirst Forest Products had a negative return on equity of 149.94% and a negative net margin of 41.20%.

GreenFirst Forest Products Trading Down 1.0%

Shares of TSE:GFP traded down C$0.02 during midday trading on Monday, hitting C$1.96. 100 shares of the stock were exchanged, compared to its average volume of 6,433. The business’s 50-day moving average price is C$2.01 and its 200 day moving average price is C$2.17. GreenFirst Forest Products has a 12 month low of C$1.59 and a 12 month high of C$3.25. The company has a debt-to-equity ratio of 183.88, a quick ratio of 1.06 and a current ratio of 1.79. The stock has a market capitalization of C$45.37 million, a price-to-earnings ratio of -0.37 and a beta of 1.44.

GreenFirst Forest Products Company Profile

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.