Conifex Timber (TSE:CFF) Reaches New 1-Year Low – What’s Next?

Shares of Conifex Timber Inc. (TSE:CFF) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 151440 shares. The stock had previously closed at C$0.07.

Conifex Timber Stock Performance

The company has a current ratio of 1.48, a quick ratio of 0.91 and a debt-to-equity ratio of 79.64. The company has a market capitalization of C$2.85 million, a PE ratio of -0.08, a PEG ratio of 0.06 and a beta of 1.09. The firm’s 50-day simple moving average is C$0.16 and its 200-day simple moving average is C$0.25.

Conifex Timber (TSE:CFF) last posted its quarterly earnings results on Friday, November 14th. The company reported C($0.37) earnings per share for the quarter. Conifex Timber had a negative net margin of 17.64% and a negative return on equity of 22.06%. The company had revenue of C$38.16 million for the quarter. On average, research analysts predict that Conifex Timber Inc. will post 0.0300312 earnings per share for the current year.

About Conifex Timber

Conifex Timber Inc is a Canada based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm’s primary activities of the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company’s harvesting and manufacturing operations.