Shares of Acadian Timber Corp. (OTCMKTS:ACAZF – Get Free Report) rose 0.1% during mid-day trading on Wednesday. The company traded as high as $12.13 and last traded at $12.13. 965 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 2,140 shares. The stock had previously closed at $12.1212.
Acadian Timber Trading Up 0.1%
The stock has a fifty day simple moving average of $12.34 and a 200 day simple moving average of $12.46.
About Acadian Timber
Acadian Timber Corp. is a Canadian forest products company that owns and manages freehold timberlands in New Brunswick and Maine. Its operations are focused on the sustainable management and harvesting of these forest assets, with an emphasis on generating a long-term supply of timber and forest products.
The company produces softwood and hardwood sawlogs, pulpwood and biomass products. Its sawlogs are sold to sawmills for use in lumber and other wood products, while pulpwood is supplied to pulp and paper manufacturers.
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