Previous close | 1.2100 |
Open | 1.2000 |
Bid | 1.2000 x 0 |
Ask | 1.2500 x 0 |
Day's range | 1.2000 - 1.2400 |
52-week range | 1.1500 - 2.1900 |
Volume | |
Avg. volume | 10,934 |
Market cap | 50.513M |
Beta (5Y monthly) | 1.59 |
PE ratio (TTM) | 9.54 |
EPS (TTM) | 0.1300 |
Earnings date | 07 Aug 2023 - 11 Aug 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 14 Jul 2022 |
1y target est | 1.77 |
VANCOUVER, British Columbia, May 19, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it has made the difficult decision to take unscheduled downtime for four weeks at its Mackenzie, British Columbia sawmill commencing June 5, 2023. It is anticipated that the unscheduled downtime will impact production capacity by approximately 16 million board feet. The downtime is necessitated by the low water levels forecasted in the Williston Reservoir negatively impac
VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that Andrew McLellan has been promoted to President and Chief Operating Officer. As President, Andrew will lead Conifex’s business units and pursue value-added opportunities in fibre procurement, lumber manufacturing and marketing, green power generation, and other complementary businesses. Andrew retains responsibility for forest sustainability, safety, and environmental comp
VANCOUVER, British Columbia, May 09, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the first quarter ended March 31, 2023. EBITDA* was negative $6.9 million for the quarter compared to EBITDA of $20.1 million in the first quarter of 2022. Net loss was $8.1 million or $0.20 per share for the quarter versus net income of $11.4 million or $0.28 per share in the year-earlier quarter. The results reflect reduced operating earnings on lowe
Conifex Timber Inc. ( TSE:CFF ), might not be a large cap stock, but it received a lot of attention from a substantial...
VANCOUVER, British Columbia, April 24, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today the resignation of Ms. Winny Tang as Chief Financial Officer effective June 15, 2023 for personal reasons. Mr. Trevor Pruden will replace Ms. Tang as Chief Financial Officer effective the same date. Ms. Tang will focus on a smooth transition of her duties as Chief Financial Officer until her last day of employment in office. "We are excited for Trevor to join the ranks of ou
Seeks order quashing recent moratorium on cryptocurrency mining projects Seeks order requiring BC Hydro to supply service to Conifex’s proposed HPC Projects VANCOUVER, British Columbia, April 12, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today that it has filed a petition in the Supreme Court of British Columbia seeking judicial review of the Lieutenant Governor In Council of British Columbia’s (the “LGIC”) recent Order In Council 692/2022 (“OIC”). The OIC dir
VANCOUVER, British Columbia, April 11, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it plans to release its first quarter 2023 results after market close on Tuesday, May 9, 2023. Conifex has scheduled a conference call at 2:00 PM Pacific time / 5:00 PM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers: Toll-Free Access (Canada/US): 1-800-806-5484Access: 416-340-2217Partic
VANCOUVER, British Columbia, March 21, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it has entered into an amended and restated secured revolving credit facility with Wells Fargo Capital Finance Corporation Canada. The amended and restated facility replaces Conifex's existing secured revolving credit facility with the same lender. The facility is in the principal amount of $25,000,000, is for a term of 3 years and remains substantially secured by Conif
VANCOUVER, British Columbia, March 15, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) announced today that it has entered into a hosting services agreement (the "Agreement") with Greenidge Generation Holdings Inc. ("Greenidge"), a cryptocurrency datacenter and power generation company. Tsay Keh Dene Nation ("Tsay Keh Dene") is collaborating with us in supplying hosting services to Greenidge. Under the Agreement, we expect to host 750 miners with a capacity of a
VANCOUVER, British Columbia, March 08, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the fourth quarter and year ended December 31, 2022. EBITDA* from continuing operations was $2.3 million for the quarter and $46.7 million for the year, compared to EBITDA of $1.0 million in the fourth quarter of 2021 and $51.8 million for the year. Net income was $24.5 million or $0.61 per share for the year versus net income in the preceding year o
VANCOUVER, British Columbia, Feb. 17, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it will be temporarily curtailing its Mackenzie, British Columbia sawmill commencing February 21, 2023 for up to two weeks. Unsustainable inventory levels due to rail transportation challenges impacting the interior BC region have necessitated this step. Conifex will closely monitor its inventory levels and evolving transportation availability over this period as the rai
VANCOUVER, British Columbia, Jan. 31, 2023 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it has successfully recommissioned operations at its power plant in Mackenzie, British Columbia and began producing electricity at normalized rates following the previously disclosed disruption caused by damage to the power plant’s turbine. “We appreciate how our power plant team was able to identify the malfunction of the turbine well ahead of the customary maintenance
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase...
Conifex Timber Inc. ( TSE:CFF ), might not be a large cap stock, but it saw a decent share price growth in the teens...
Conifex Timber ( TSE:CFF ) Third Quarter 2022 Results Key Financial Results Revenue: CA$47.7m (flat on 3Q 2021). Net...
VANCOUVER, British Columbia, Nov. 08, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the third quarter ended September 30, 2022. EBITDA1 was $4.2 million for the quarter compared to EBITDA of $3.3 million in the third quarter of 2021. Net income was $0.9 million or $0.02 per share for the quarter versus net loss of $0.9 million or $0.02 per share in the year-earlier quarter. Selected Financial Highlights The following table summarizes
In this article we are going to estimate the intrinsic value of Conifex Timber Inc. ( TSE:CFF ) by taking the expected...
VANCOUVER, British Columbia, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it is temporarily curtailing its Mackenzie, British Columbia sawmill operations for two weeks commencing October 11, 2022. BC Ministry of Forests policies and practices which position sawmills in the BC Interior region at the high end of the industry cost curve, combined with a steep decline in lumber prices during a period of softer global market demand, have necessitat
VANCOUVER, British Columbia, Aug. 29, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today that the Toronto Stock Exchange (the "TSX") has accepted Conifex's notice of intention to make a normal course issuer bid (the "NCIB") for its common shares (the "Common Shares") through the facilities of the TSX or any other Canadian designated exchange or alternative trading system. On September 1, 2022, Conifex may commence making purchases, from time to time, up to a maxi
VANCOUVER, British Columbia, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) today reported results for the second quarter ended June 30, 2022. EBITDA* was $20.1 million for the quarter compared to EBITDA of $37.8 million in the second quarter of 2021. Net income was $12.3 million or $0.31 per share for the year versus $26.1 million or $0.56 per share in the year-earlier quarter. Selected Financial Highlights The following table summarizes our selected
VANCOUVER, British Columbia, July 15, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. ("Conifex") (TSX: CFF) announced today a delay in the resumption of operations at its power plant in Mackenzie, British Columbia following the previously disclosed dispatch period. In the course of annual maintenance of the power plant, damage to the plant's turbine has been discovered. The boiler, generator and other long lead-time equipment have not been impacted. Conifex is working with its contractors to asses
VANCOUVER, British Columbia, July 07, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”) (TSX: CFF) announced today that it plans to release its second quarter 2022 results after market close on Tuesday, August 9, 2022. Conifex has scheduled a conference call at 2:00 PM Pacific time / 5:00 PM Eastern time on the same day to discuss its financial results. To participate in the call, please dial one of the following numbers: Toll-Free Access (Canada/US): 1-800-806-5484Access: 416-340-2217Par
VANCOUVER, British Columbia, June 22, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex” or the "Company") (TSX: CFF) announced today that at its annual general meeting of shareholders held on June 21, 2022, all management nominees were elected as directors of the Company with a total of 15,198,545 votes cast on the matter. Each of the management nominees were elected by ballot as follows: (i) 15,059,295 votes for Kenneth A. Shields, (ii) 11,689,161 votes for David E. Roberts, (iii) 15,059,
VANCOUVER, British Columbia, June 21, 2022 (GLOBE NEWSWIRE) -- Conifex Timber Inc. (“Conifex”, “we” or “us”) (TSX: CFF) announced today that our board of directors (the "Board") has declared a one-time special cash dividend of $0.20 per share, which will be paid on or before August 8, 2022 to shareholders of record on July 15, 2022. Based on the current number of shares outstanding, the special dividend will result in an aggregate distribution of approximately $8 million. The dividend will be fu