It was a tough day for Interfor Corporation (IFP:CA) as its stock fell 5.42% to finish the day at $13.60 a share on September 27. That reduces the company’s market cap to 914.64 million on 67.25 million outstanding shares. Interfor Corporation is a component of the the S&P/TSX SmallCap Index.
212,408 shares exchanged hands over the course of the day as compared with an average daily volume of n/a over the last 30 days.
Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company’s primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor’s revenue comes from the United States.. Interfor Corporation makes its home in Vancouver, BC, and currently has CEO Duncan K. Davies at the helm.
The past 52 weeks have seen the stock trade in a range between a high of $19.89 and a low of $10.91, and it’s currently sporting a 50-day SMA of $n/a and a 200-day SMA of $n/a. The current P/E ratio stands at n/a, with a P/B ratio of 1.
Interfor Corporation ($IFP:CA) is one of the 200 Canadian small-cap stocks that make up the S&P500/TSX SmallCap Index, the widely recognized benchmark for gauging the performance of the Canadian small-cap market. Similar to the Russell 2000 in the United States, the index is market cap-weighted and consists only of smaller companies. To be a part of the index, a company must have a market capitalization between C$100 million and C$1.5 billion with an average share price of C$1 or more.
