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RBC: Sentiment neutral on Canfor permanently closing Polar sawmill and suspending Houston reinvestment in British Columbia; both announcements unsurprising given management's commentary on accessing reliable economic fiber, policy environment in province
Published: May 14, 2024 by RBC Capital Markets LLC
US Dept. of Commerce adjusts antidumping duties for Canadian softwood lumber imports from Oct. 1, 2015-Sept. 30, 2016; Canfor's dumping margin is now 6.63%, Resolute's is 3.08%, Tolko's is 7.14%, West Fraser's is 5.18%; all others 5.66%, down from 6.04%
Published: May 10, 2024 by Industry Intelligence Inc.
RBC reiterates Canfor at outperform with C$19 target, noting its diversified lumber platform and solid balance sheet despite challenges in British Columbia; good potential upside seen for Canfor if North American, European lumber markets tighten in 2024
Published: May 07, 2024 by RBC Capital Markets LLC
CIBC maintains Canfor at outperformer, trims target by C$1 to C$21; profitability likely to be somewhat depressed in 2024 given weak lumber prices and cost pressure in British Columbia, but company poised to benefit from favorable long-term trends for R&R
Published: May 03, 2024 by Canada StockWatch
Canfor narrows Q1 net loss to C$64.5M from year ago's C$142M, sales relatively flat at C$1.38B from year ago's C$1.39B; Europe operations delivered positive results, Western Canadian operations benefited from rise in Western Spruce/Pine/Fir lumber prices
Published: May 01, 2024 by Canada Newswire

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