Acadian Timber (TSE:ADN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Acadian Timber Corp. has reported a substantial increase in their second quarter financial results, achieving record Adjusted EBITDA and Free Cash Flow, primarily due to the successful sale of a large portion of their carbon credits. The company has also seen a rise in timber harvest and sales, while continuing to emphasize the importance of safety within their operations.
For further insights into TSE:ADN stock, check out TipRanks’ Stock Analysis page.