GreenFirst Forest Products (TSE:GFP) Releases Earnings Results

GreenFirst Forest Products (TSE:GFP) announced its quarterly earnings data on Tuesday. The company reported C($0.30) earnings per share for the quarter, FiscalAI reports. GreenFirst Forest Products had a negative return on equity of 184.29% and a negative net margin of 34.66%. The business had revenue of C$87.65 million for the quarter.

GreenFirst Forest Products Price Performance

Shares of GFP traded up C$0.03 during mid-day trading on Thursday, reaching C$1.47. The company had a trading volume of 300 shares, compared to its average volume of 6,939. The company’s 50 day simple moving average is C$1.62 and its 200 day simple moving average is C$2.01. GreenFirst Forest Products has a 1-year low of C$1.25 and a 1-year high of C$2.85. The company has a debt-to-equity ratio of 149.36, a quick ratio of 1.06 and a current ratio of 2.11. The company has a market capitalization of C$34.05 million, a price-to-earnings ratio of -0.32 and a beta of 1.68.

GreenFirst Forest Products Company Profile

GreenFirst Forest Products is a forest-first business, focused on sustainable forest management and lumber production. The Company owns four sawmills located in rich wood baskets proudly operating over six million hectares of FSC® certified public Ontario forest lands (FSC®-C167905). The Company believes that responsible forest practices, coupled with the long-term green advantage of lumber, provide GreenFirst with significant cyclical and secular advantages in building products.