GreenFirst Forest Products (TSE:GFP) 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
GreenFirst Forest Products Inc. reports a Q2 2024 net loss of $14.5 million, with lumber sales volumes declining due to lower demand and oversupply issues. The company is also preparing for a Q4 2024 spin-out transaction of its paper mill operations into Kap Corporation, amidst challenging market conditions.
For further insights into TSE:GFP stock, check out TipRanks’ Stock Analysis page.