Acadian Timber Corp. (OTCMKTS:ACAZF – Get Free Report) rose 0.7% during trading on Thursday . The stock traded as high as $12.3650 and last traded at $12.3650. 557 shares were traded during mid-day trading, a decline of 70% from the average session volume of 1,848 shares. The stock had previously closed at $12.28.
Acadian Timber Trading Up 0.7%
The firm’s 50 day moving average is $12.53 and its two-hundred day moving average is $12.34.
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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