GreenFirst Forest Products (TSE:GFP) Reaches New 52-Week Low - Here's What Happened

Key Points

• GreenFirst Forest Products shares have reached a new 52-week low, trading at C$2.75, with a trading volume of 1,614 shares.
• The company's debt-to-equity ratio stands at 24.73, and it holds a market capitalization of C$61.03 million.
• GreenFirst is focused on sustainable forest management and operates several sawmills and a paper mill across Ontario and Quebec.

GreenFirst Forest Products Inc. (TSE:GFP - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$2.75 and last traded at C$2.75, with a volume of 1614 shares traded. The stock had previously closed at C$2.75.

GreenFirst Forest Products Trading Up 1.5%

The firm has a market cap of C$62.84 million, a PE ratio of -1.96 and a beta of 1.00. The firm has a fifty day simple moving average of C$2.99 and a two-hundred day simple moving average of C$3.54. The company has a current ratio of 1.23, a quick ratio of 1.06 and a debt-to-equity ratio of 24.73.

GreenFirst Forest Products Company Profile

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.