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GreenFirst Forest Products (TSE:GFP) Stock Price Up 6.5% - Time to Buy?

GreenFirst Forest Products logo with Basic Materials background

Key Points

  • GreenFirst Forest Products Inc. stock increased by 6.5% to C$3.10, with trading volume up 21% compared to the average session.
  • The company has a debt-to-equity ratio of 24.73 and operates with a market cap of C$70.07 million.
  • GreenFirst focuses on sustainable forest management and operates approximately 7 sawmills and 1 paper mill across Ontario and Quebec.
  • Five stocks we like better than GreenFirst Forest Products.

Shares of GreenFirst Forest Products Inc. (TSE:GFP - Get Free Report) rose 6.5% during mid-day trading on Friday . The company traded as high as C$3.19 and last traded at C$3.10. Approximately 4,700 shares traded hands during trading, an increase of 21% from the average daily volume of 3,891 shares. The stock had previously closed at C$2.91.

GreenFirst Forest Products Price Performance

The firm has a market capitalization of C$70.07 million, a P/E ratio of -1.39 and a beta of 1.17. The company has a fifty day moving average of C$3.54 and a 200 day moving average of C$4.00. 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

(Get Free Report)

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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