Conifex Timber Inc. Price & Performance (CFXTF)

Conifex Timber posted a net loss of $29.8 million for 2024, a slight improvement from the previous year. Lumber shipments fell 10% due to single-shift operations, but higher benchmark prices helped offset some revenue decline. The company expects potential EBITDA improvement if lumber prices rise and tariffs remain unchanged.123

Conifex Timber’s stock has dropped 57% over the past year, significantly underperforming the Canadian forestry sector. The company’s weekly price movement remains high at 13%, outpacing industry averages. Despite operational challenges, analysts see upside potential if industry conditions and production efficiencies improve.45

Industry observers anticipate a possible rebound for Conifex Timber, citing recapitalized mills and exposure to recovering US housing markets. Improved timber prices and operational changes could drive profitability this year, with some analysts predicting the stock could double if financing for its power plant is secured.63