Canfor shares dip amid widening 3Q loss and lumber market slump
Shares of Canfor Corporation dropped by nearly 4% in response to the company’s latest third-quarter financial report, revealing an intensified loss primarily caused by deteriorating conditions in the lumber market. This widened quarterly loss has put a spotlight on Canfor’s financial challenges, notably amidst high operating costs, global oversupply, and a price slump, contributing to […]