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Acadian Timber drops to five-month low on robust volume February 05, 2018 17:00 EST

Feb 05, 2018 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Acadian Timber Corp. (TSX:ADN), Canada's 9th largest Forest products company by market cap, traded at its 138-day low of CAD18.31. The stock price has dropped 40.0c (2.1%) from its last trading session of February 02 to close at CAD18.41. Compared with the S&P/TSX 60 Index which fell 18.1 points (2%) in the day, the relative price change was -0.2%. The fall was exacerbated by robust volume of 1.9 times the average daily volume of 9,120 shares.

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