Shares of GreenFirst Forest Products Inc. (OTCMKTS:ICLTF – Get Free Report) fell 5% during trading on Wednesday. The company traded as low as C$1.15 and last traded at C$1.15. 10,003 shares were traded during mid-day trading, an increase of 63% from the average session volume of 6,142 shares. The stock had previously closed at C$1.21.
GreenFirst Forest Products Price Performance
The company has a 50-day simple moving average of C$1.34 and a two-hundred day simple moving average of C$1.45.
About GreenFirst Forest Products
GreenFirst Forest Products Inc is a Canadian forest products company focused on managing forest resources and producing lumber and related wood products. The company’s operations include timber harvesting, sawmilling and the sale of dimensional lumber, wood chips, sawdust and other residual products.
GreenFirst operates in northern Ontario and Quebec, where it manages forest tenures and runs sawmills that primarily process softwood species such as spruce, pine and fir. Its lumber products are sold primarily into Canadian and U.S.
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