GreenFirst Forest Products (TSE:GFP) Hits New 1-Year Low - Time to Sell?

Key Points

• GreenFirst Forest Products Inc. shares reached a new 52-week low at C$2.31, down from a previous close of C$2.40, with a trading volume of 2,902 shares.
• The company has a market capitalization of C$52.21 million and operates under a significant debt-to-equity ratio of 24.73, indicating potential financial strain.
• GreenFirst focuses on sustainable forest management and lumber production, operating around 7 sawmills and 1 paper mill across Ontario and Quebec.

Shares of GreenFirst Forest Products Inc. (TSE:GFP - ) hit a new 52-week low during trading on Thursday . The stock traded as low as C$2.31 and last traded at C$2.31, with a volume of 2902 shares changing hands. The stock had previously closed at C$2.40.

GreenFirst Forest Products Price Performance

The company has a fifty day moving average of C$2.76 and a 200 day moving average of C$3.32. The firm has a market capitalization of C$52.21 million, a P/E ratio of -1.63 and a beta of 0.86. The company has a debt-to-equity ratio of 24.73, a current ratio of 1.23 and a quick ratio of 1.06.

About GreenFirst Forest Products

GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. GreenFirst is a Canadian managed company with around 7 sawmills and 1 paper mill located across Ontario and Quebec. It serves residential and commercial construction markets as well as the industrial market.

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