Acadian Timber Corp (ADN) Scheduled to Post Earnings on Wednesday
Acadian Timber Corp (TSE:ADN) will be announcing its earnings results after the market closes on Wednesday, July 26th. Analysts expect the company to announce earnings of $0.06 per share for the quarter.
Shares of Acadian Timber Corp (TSE:ADN) opened at 19.00 on Wednesday. The firm’s 50-day moving average price is $18.32 and its 200 day moving average price is $18.14. Acadian Timber Corp has a 12 month low of $16.82 and a 12 month high of $19.35. The firm has a market capitalization of $317.89 million and a P/E ratio of 19.29.
Separately, Scotiabank reaffirmed an “outperform” rating and issued a C$20.00 target price on shares of Acadian Timber Corp in a report on Thursday, May 4th.
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About Acadian Timber Corp
Acadian Timber Corp. is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The Company owns and manages approximately 761,000 acres of freehold timberlands in New Brunswick (New Brunswick Timberlands), approximately 299,000 acres of freehold timberlands in Maine (Maine Timberlands) and provides management services relating to approximately 1.3 million acres of Crown licensed timberlands.
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