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Conifex Timber Reports Improved Financial Results Despite Losses

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Conifex Timber Reports Improved Financial Results Despite Losses

An update from Conifex Timber ( (TSE:CFF) ) is now available.

Conifex Timber Inc. reported a negative EBITDA of $2.1 million for the fourth quarter and $13.6 million for the year 2024, showing an improvement from the previous year’s figures. Despite the negative financial results, the company has managed to reduce its net loss per share from $0.77 to $0.73, indicating a slight improvement in financial performance.

More about Conifex Timber

Conifex Timber Inc. operates in the forestry industry, focusing primarily on the production of timber and related products. The company operates a sawmill and power plant in Mackenzie, British Columbia, and is listed on the Toronto Stock Exchange under the symbol CFF.

YTD Price Performance: -3.23%

Average Trading Volume: 16,957

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$12.23M

For an in-depth examination of CFF stock, go to TipRanks’ Stock Analysis page.

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