Conifex Timber Inc (CVE:CFF) shares hit a new 52-week high on Tuesday . The company traded as high as C$4.50 and last traded at C$4.40, with a volume of 28,300 shares changing hands. The stock had previously closed at C$4.41.

The firm’s 50-day moving average price is $3.93 and its 200 day moving average price is $3.32. The stock has a market capitalization of $117.62 million and a PE ratio of 10.85.

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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, forest management, sawmilling logs into lumber and wood chips, and the provision of value added lumber finishing services.

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