Conifex Timber (TSE:CFF) Trading Up 15.4% – Should You Buy?

Conifex Timber Inc. (TSE:CFF)’s stock price was up 15.4% during trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 395,507 shares traded hands during trading, an increase of 171% from the average daily volume of 145,805 shares. The stock had previously closed at C$0.13.

Conifex Timber Stock Up 26.9%

The firm’s 50-day moving average is C$0.13 and its two-hundred day moving average is C$0.24. The company has a debt-to-equity ratio of 79.64, a quick ratio of 0.91 and a current ratio of 1.48. The stock has a market cap of C$6.73 million, a P/E ratio of -0.19, a PEG ratio of 0.06 and a beta of 1.21.

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

Conifex Timber Company Profile

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.