Conifex Timber (TSE:CFF) Price Target Cut to C$0.75 by Analysts at Raymond James Financial

Conifex Timber (TSE:CFF) had its target price trimmed by Raymond James Financial from C$0.85 to C$0.75 in a research note issued to investors on Monday,BayStreet.CA reports. The firm currently has a market perform rating on the stock.

Conifex Timber Stock Performance

CFF opened at C$0.31 on Monday. The company has a current ratio of 1.48, a quick ratio of 0.91 and a debt-to-equity ratio of 79.64. The business’s 50 day moving average is C$0.32 and its 200-day moving average is C$0.33. The stock has a market cap of C$12.43 million, a PE ratio of -0.55, a price-to-earnings-growth ratio of 0.06 and a beta of 1.42. Conifex Timber has a twelve month low of C$0.27 and a twelve month high of C$0.60.

About Conifex Timber

Conifex Timber Inc is a Canada based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm’s primary activities of the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company’s harvesting and manufacturing operations.