Acadian Timber Corp. (OTCMKTS:ACAZF – Get Free Report) was up 0.1% during mid-day trading on Wednesday . The company traded as high as $12.47 and last traded at $12.47. Approximately 1,000 shares changed hands during trading, a decline of 45% from the average session volume of 1,834 shares. The stock had previously closed at $12.46.
Acadian Timber Stock Up 0.1%
The company’s 50 day moving average price is $12.59 and its 200 day moving average price is $12.24.
About Acadian Timber
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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