Acadian Timber Corp. (OTCMKTS:ACAZF – Get Free Report)’s share price shot up 0.6% during trading on Thursday . The company traded as high as $12.4825 and last traded at $12.4825. 415 shares changed hands during trading, a decline of 73% from the average session volume of 1,553 shares. The stock had previously closed at $12.4125.
Acadian Timber Stock Down 0.5%
The company’s 50 day moving average price is $12.02 and its 200 day moving average price is $11.73.
Acadian Timber Company Profile
Acadian Timber Corporation is an independent timberland investment company focused on the acquisition, management and development of forest assets. Headquartered in Halifax, Nova Scotia, the company supplies softwood logs and wood fibre to regional sawmills, pulp and paper facilities, and engineered wood product manufacturers across eastern Canada and the northeastern United States.
Incorporated in 2013 through a strategic spin-off of privately held timberlands, Acadian Timber began trading on the Toronto Stock Exchange later that year.
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