GreenFirst Forest Products Inc. (OTCMKTS:ICLTF – Get Free Report)’s share price dropped 0.5% on Friday . The stock traded as low as C$1.90 and last traded at C$1.99. Approximately 5,802 shares traded hands during trading, a decline of 31% from the average daily volume of 8,364 shares. The stock had previously closed at C$2.00.
GreenFirst Forest Products Stock Down 0.5%
The business’s 50 day moving average is C$1.55 and its 200-day moving average is C$1.68.
About GreenFirst Forest Products
GreenFirst Forest Products Inc (OTCMKTS: ICLTF) is a Canadian integrated forest products company that specializes in the production of high-yield wood fibre. Headquartered in Montreal, Quebec, the company owns and operates two chemi-thermomechanical pulp (CTMP) mills located in Baie-Comeau, Quebec and Grand Falls, New Brunswick. GreenFirst converts spruce, fir and pine logs and chips into CTMP, a versatile pulp product prized for its strength, bulk and brightness.
GreenFirst’s core product—high-yield pulp—is used primarily as a reinforcing and bulk-enhancing fibre in tissue and towel papers, folding boxboard and printing and writing papers.
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