Conifex Timber (TSE:CFF) issued its quarterly earnings data on Thursday. The company reported C$0.14 earnings per share for the quarter, Morningstar.com reports. The business had revenue of C$182.14 million during the quarter.
Shares of TSE:CFF opened at C$2.95 on Friday. Conifex Timber has a twelve month low of C$2.42 and a twelve month high of C$6.99. The company has a current ratio of 2.92, a quick ratio of 1.28 and a debt-to-equity ratio of 73.20.
Several brokerages have recently weighed in on CFF. TD Securities lowered their price objective on shares of Conifex Timber from C$7.00 to C$6.00 and set a “hold” rating on the stock in a research note on Monday, August 13th. CIBC lowered their price objective on shares of Conifex Timber from C$9.00 to C$5.50 in a research note on Wednesday, September 19th.
COPYRIGHT VIOLATION WARNING: This piece of content was posted by Macon Daily and is the sole property of of Macon Daily. If you are reading this piece of content on another domain, it was copied illegally and reposted in violation of international copyright laws. The legal version of this piece of content can be accessed at https://macondaily.com/2018/11/10/conifex-timber-cff-posts-quarterly-earnings-results.html.
Conifex Timber Company Profile
Conifex Timber Inc primarily manufactures and sells lumber products in the United States, China, Canada, and Japan. It operates through two segments, Lumber and Bioenergy. The Lumber segment is involved in timber harvesting, reforestation, and forest management activities; processing logs into lumber and wood chips; and providing value added lumber finishing services.
See Also: How Do Tariffs Affect Trade Balances?
Receive News & Ratings for Conifex Timber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Conifex Timber and related companies with MarketBeat.com's FREE daily email newsletter.