Shares of Acadian Timber Corp. (OTCMKTS:ACAZF – Get Free Report) shot up 0.3% during mid-day trading on Wednesday . The stock traded as high as $12.48 and last traded at $12.48. 320 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 1,762 shares. The stock had previously closed at $12.4380.
Acadian Timber Stock Up 0.3%
The stock’s 50 day simple moving average is $12.52 and its two-hundred day simple moving average is $12.08.
Acadian Timber Company Profile
Acadian Timber Corporation is an independent timberland investment company focused on the acquisition, management and development of forest assets. Headquartered in Halifax, Nova Scotia, the company supplies softwood logs and wood fibre to regional sawmills, pulp and paper facilities, and engineered wood product manufacturers across eastern Canada and the northeastern United States.
Incorporated in 2013 through a strategic spin-off of privately held timberlands, Acadian Timber began trading on the Toronto Stock Exchange later that year.
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