Western Forest Products traded at 18.30 this Wednesday July 15th, decreasing 0.29 or 1.56 percent since the previous trading session. Looking back, over the last four weeks, Western Forest Products lost 2.50 percent. Over the last 12 months, its price rose by 50.47 percent. Looking ahead, we forecast Western Forest Products to be priced at 16.60 by the end of this quarter and at 15.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Western Forest Products Inc. is a softwood forest products company, operating in the coastal region of British Columbia. The Company's primary business includes timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and lumber remanufacturing. The Company's log and lumber products are sold throughout the world. Its business includes the harvesting of timber, reforestation, forest management, the manufacturing and sale of lumber and wood chips, and the sale of logs. Its Lumber by species include hemlock and balsam; douglas fir; yellow and western red cedar. Its Logs include saw logs and pulp logs. Its eight facilities produce a multitude of products from framing material to timbers, decking and siding; components for doors, windows and moldings, and niche products for customers throughout the world. Its other products include Hem-Fir products, such as Green Hem Fir, Kiln-Dried Hem-Fir and Structural Hem-Fir products, and Sitka Spruce products.