Acadian Timber Corp. (OTCMKTS:ACAZF – Get Free Report)’s stock price shot up 0.6% on Wednesday . The stock traded as high as $12.77 and last traded at $12.74. 3,881 shares traded hands during mid-day trading, an increase of 151% from the average session volume of 1,549 shares. The stock had previously closed at $12.66.
Acadian Timber Stock Up 0.6%
The firm’s fifty day moving average is $12.42 and its two-hundred day moving average is $11.84.
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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