Conifex Timber Inc. (CFXTF)
Conifex Timber Inc. operates in the Paper, Lumber & Forest Products industry of the Basic Materials sector, headquartered in Vancouver, BC, CA. The stock last traded at $0.06, up 0.00% on the session, giving a market capitalisation of $2.6M. On trailing twelve-month figures it carries a trailing P/E of -0.10, a net margin of -43.1%. Its beta of 0.47 implies it has historically moved less than the broad market.
Conifex Timber Inc. primarily focuses on the production and global sale of lumber, with significant market presence across the United States, China, Canada, Japan, and other international territories. The company's operations span the entire forestry value chain, encompassing timber harvesting, sustainable forest management, and reforestation initiatives. They convert spruce, pine, and fir logs into finished softwood lumber, also handling the manufacturing, distribution, and sales of standardized dimension lumber. During this processing, logs yield not only timber but also wood chips, along with various co-products like trim blocks, sawdust, shavings, and bark. Additionally, Conifex provides specialized services for finishing lumber to add further value. Beyond its core timber activities, Conifex Timber Inc. is involved in the development of bioenergy and other bioproducts. A notable aspect of its operations is a 36-megawatt biomass power plant, which generates renewable electricity for commercial distribution. The company was founded in 2007 and has its main offices in Vancouver, Canada. It rebranded in June 2010, changing its name from the original West Fourth Capital Inc. to its present identity, Conifex Timber Inc.
Conifex Timber Inc. is most often compared with the following Basic Materials names: