GreenFirst Forest Products Inc. (OTCMKTS:ICLTF – Get Free Report)’s share price traded up 9.4% during mid-day trading on Tuesday . The company traded as high as C$1.40 and last traded at C$1.40. Approximately 5,065 shares changed hands during trading, a decline of 9% from the average daily volume of 5,552 shares. The stock had previously closed at C$1.28.
GreenFirst Forest Products Price Performance
The business has a fifty day moving average of C$1.35 and a 200-day moving average of C$1.52.
GreenFirst Forest Products Company Profile
GreenFirst Forest Products Inc (OTCMKTS: ICLTF) is a Canadian integrated forest products company that specializes in the production of high-yield wood fibre. Headquartered in Montreal, Quebec, the company owns and operates two chemi-thermomechanical pulp (CTMP) mills located in Baie-Comeau, Quebec and Grand Falls, New Brunswick. GreenFirst converts spruce, fir and pine logs and chips into CTMP, a versatile pulp product prized for its strength, bulk and brightness.
GreenFirst’s core product—high-yield pulp—is used primarily as a reinforcing and bulk-enhancing fibre in tissue and towel papers, folding boxboard and printing and writing papers.
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