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GreenFirst Extends Holiday Sawmill Curtailments Amid Weak Lumber Market

Story Highlights
  • GreenFirst will extend holiday shutdowns at three Ontario sawmills to three weeks due to weak softwood lumber markets.
  • Soft North American demand and heavy duties on Canadian lumber are pressuring the sector, prompting GreenFirst to trim output for long-term sustainability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GreenFirst Extends Holiday Sawmill Curtailments Amid Weak Lumber Market

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GreenFirst Forest Products ( (TSE:GFP) ) has shared an announcement.

GreenFirst Forest Products is extending its holiday shutdown at three of its four Ontario sawmills—Hearst, Kapuskasing and Cochrane—to a three-week curtailment from December 22, 2025 to January 9, 2026, as it responds to ongoing weakness in softwood lumber markets. The company cited soft North American demand and the burden of roughly 45% combined duties and tariffs on Canadian softwood lumber as key pressures driving industry-wide production cuts, and said it will continue to adjust output to align with demand and support the long-term sustainability of its operations and the communities where it operates.

The most recent analyst rating on (TSE:GFP) stock is a Hold with a C$1.50 price target. To see the full list of analyst forecasts on GreenFirst Forest Products stock, see the TSE:GFP Stock Forecast page.

Spark’s Take on TSE:GFP Stock

According to Spark, TipRanks’ AI Analyst, TSE:GFP is a Neutral.

GreenFirst Forest Products is currently facing substantial financial and operational challenges, reflected in its low financial performance and valuation scores. The technical indicators suggest a bearish trend, while the earnings call provides some hope for future improvements. However, the overall outlook remains cautious due to the current negative financial metrics and market conditions.

To see Spark’s full report on TSE:GFP stock, click here.

More about GreenFirst Forest Products

GreenFirst Forest Products Inc. is a Canadian forestry company focused on sustainable forest management and lumber production. It operates four sawmills in Ontario and manages over 6 million hectares of FSC-certified public forestlands, positioning itself to benefit from long-term demand for wood-based building products.

Average Trading Volume: 12,411

Technical Sentiment Signal: Sell

Current Market Cap: C$39.29M

See more insights into GFP stock on TipRanks’ Stock Analysis page.

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