Conifex Timber (CFF) to Release Quarterly Earnings on Tuesday

Conifex Timber (TSE:CFF) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, November 12th.

Conifex Timber (TSE:CFF) last posted its earnings results on Tuesday, August 13th. The company reported C($0.22) earnings per share (EPS) for the quarter. Conifex Timber had a negative return on equity of 23.85% and a negative net margin of 18.88%. The business had revenue of C$31.80 million for the quarter.

Conifex Timber Stock Performance

Shares of Conifex Timber stock opened at C$0.39 on Friday. The firm has a market cap of C$15.90 million, a PE ratio of -0.57, a price-to-earnings-growth ratio of 0.06 and a beta of 1.42. The company has a quick ratio of 0.91, a current ratio of 1.85 and a debt-to-equity ratio of 73.11. Conifex Timber has a 52 week low of C$0.21 and a 52 week high of C$1.14. The business’s fifty day simple moving average is C$0.43 and its 200-day simple moving average is C$0.45.

Wall Street Analyst Weigh In

Separately, Raymond James lowered their target price on shares of Conifex Timber from C$1.25 to C$0.85 and set an “outperform” rating for the company in a research note on Wednesday, August 14th.

About Conifex Timber

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.