West Fraser Timber Co. Ltd. (WFT:CA) Rises 5.69% for September 10

Equities Staff  |

September 10 was a positive day for West Fraser Timber Co. Ltd. (WFT:CA) as its stock finished the day having gained 5.69% to hit a price of $49.01 a share. The company reached a market cap of 3.36 billion and has 66.38 million shares outstanding. West Fraser Timber Co. Ltd. is a component of the the S&P/TSX Composite Index.

433,572 shares changed hands over the course of the day as compared to an average volume of 333,116 over the last 30 days for West Fraser Timber Co. Ltd..

West Fraser Timber is a softwood lumber company that also produces wood panels and pulp products. The company is active throughout North America, with lumber mills in British Columbia, Alberta, and the southeastern United States.. The company makes its home in Vancouver, BC, and is currently under the leadership of CEO Edward Seraphim.

West Fraser Timber Co. Ltd. has hit a high of $89.52 and reached a low of $43.93 over its last year of trading. The stock’s 50-day SMA is now $51.42 and 200-day SMA is $62.23. As for its price valuations, the P/E ratio is at 15.6 and P/B is now 1.28.

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Launched in 1977, the S&P/TSX Composite Index is widely recognized as the benchmark gauge for the broader Canadian equity market. According to TMX, the index cover approximately 95% of the Canadian equities market and only Canadian-based companies listed on the Toronto Stock Exchange are eligible to be included in the index.

To get more information on West Fraser Timber Co. Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here: WFT:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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