Conifex Timber (TSE:CFF) Shares Up 3.3%

Shares of Conifex Timber Inc. (TSE:CFF) rose 3.3% on Friday . The stock traded as high as C$0.63 and last traded at C$0.63. Approximately 500 shares traded hands during trading, a decline of 97% from the average daily volume of 16,202 shares. The stock had previously closed at C$0.61.

Conifex Timber Price Performance

The stock has a market cap of C$25.42 million, a PE ratio of -0.98, a price-to-earnings-growth ratio of 0.06 and a beta of 1.51. The stock’s fifty day moving average is C$0.64 and its 200-day moving average is C$0.67. The company has a debt-to-equity ratio of 53.74, a current ratio of 1.60 and a quick ratio of 0.91.

Conifex Timber (TSE:CFF) last posted its earnings results on Wednesday, March 27th. The company reported C($0.14) earnings per share for the quarter. Conifex Timber had a negative net margin of 19.21% and a negative return on equity of 18.96%. The firm had revenue of C$35.20 million during the quarter. As a group, equities analysts anticipate that Conifex Timber Inc. will post 0.0300312 EPS for the current year.

About Conifex Timber

Conifex Timber Inc primarily manufactures and sells lumber products in the United States, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as residual products, such as wood chips, trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services.