GreenFirst Forest Products (TSE:GFP) Announces Earnings Results

GreenFirst Forest Products (TSE:GFP) posted its quarterly earnings data on Tuesday. The company reported C($0.89) EPS for the quarter, FiscalAI reports. The business had revenue of C$60.62 million during the quarter. GreenFirst Forest Products had a negative net margin of 32.56% and a negative return on equity of 92.28%.

GreenFirst Forest Products Trading Down 7.3%

TSE GFP opened at C$2.15 on Thursday. The company has a debt-to-equity ratio of 57.94, a quick ratio of 1.06 and a current ratio of 1.49. The firm has a market cap of C$49.77 million, a PE ratio of -0.49 and a beta of 1.19. GreenFirst Forest Products has a one year low of C$1.59 and a one year high of C$4.24. The firm’s fifty day moving average is C$2.23 and its two-hundred day moving average is C$2.14.

About GreenFirst Forest Products

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.