Mining & Metals
Conifex Timber Swings to Net Loss in Q1
Conifex Timber (CFF.TO) reported a swing to net loss in the first quarter from a year-ago profit figure.For the three months ended March 31, 2026, net loss was $9.4 million or loss per diluted share of $0.23, compared with net income of $0.6 million or $0.01 income per diluted share, a year earlier.Sales in the quarter decreased to $21.8 million compared with $44.6 million, a year-ago.Overall debt was about $102.6 million at Mar. 31, 2026, compared with about $87.7 million at Dec. 31, 2025, and about $84.2 million at Mar. 31, 2025.Shares of the company were last seen down 8.7% at $0.105 on the Toronto Stock Exchange.Price: $0.11, Change: $-0.01, Percent Change: -8.70%
$CFF.TO
