Conifex Timber (TSE:CFF) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Conifex Timber Inc. reported a narrowed net loss of $3.8 million for the third quarter of 2024, improving from a $9.7 million loss in the previous quarter. Despite a negative EBITDA of $3.9 million, the figures show a positive trend compared to the last year’s quarter and the previous quarter. The company’s revenue from lumber and bioenergy witnessed a decline, impacting overall performance.
For further insights into TSE:CFF stock, check out TipRanks’ Stock Analysis page.
