Tillkännagivande • Aug 03
Atlas Holdings LLC completed the acquisition of Thunder Bay Pulp and Paper Mill from Resolute Forest Products Inc. Atlas Holdings LLC has entered into an asset purchase agreement to acquire Thunder Bay Pulp and Paper Mill from Resolute Forest Products Inc. on May 26, 2023. Upon closing the transaction, Thunder Bay Pulp and Paper Mill will operate as a standalone company. The transaction is subject to the satisfaction or waiver of closing conditions, including obtaining required regulatory approvals and expected to close in the second half of 2023. Kent Ramsay, who has served as General Manager of the Mill since 2019, has been named President of Thunder Bay Pulp and Paper. BMO Capital Markets acted as financial advisor and Stikeman Elliott LLP acted as legal advisor to Resolute FP Canada Inc. Gillian Stacey, Dale Osadchuk, Diana Bahous and Jonathan Kyriacou of Davies Ward Phillips & Vineberg LLP acted as legal advisor to Atlas Holdings LLC.
Atlas Holdings LLC completed the acquisition of Thunder Bay Pulp and Paper Mill from Resolute Forest Products Inc. on August 1, 2023. Recent Insider Transactions • Dec 21
President of Tissue Group recently sold CA$1.4m worth of stock On the 15th of December, Patrice Minguez sold around 48k shares on-market at roughly CA$28.67 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$3.3m more than they bought in the last 12 months. Recent Insider Transactions • Dec 10
Insider recently sold CA$464k worth of stock On the 2nd of December, John Lafave sold around 16k shares on-market at roughly CA$28.42 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.6m more than they bought in the last 12 months. Recent Insider Transactions • Dec 02
President of Wood Products Division recently sold CA$138k worth of stock On the 28th of November, Hugues Simon sold around 5k shares on-market at roughly CA$28.47 per share. This transaction amounted to 89% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$482k more than they bought in the last 12 months. Reported Earnings • Nov 04
Third quarter 2022 earnings released: EPS: US$1.12 (vs US$1.01 in 3Q 2021) Third quarter 2022 results: EPS: US$1.12 (up from US$1.01 in 3Q 2021). Revenue: US$974.0m (up 19% from 3Q 2021). Net income: US$87.0m (up 8.7% from 3Q 2021). Profit margin: 8.9% (in line with 3Q 2021). Revenue is expected to fall by 3.5% p.a. on average during the next 3 years compared to a 2.0% decline forecast for the Forestry industry in Canada. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 76% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$3.30 (vs US$3.37 in 2Q 2021) Second quarter 2022 results: EPS: US$3.30 (down from US$3.37 in 2Q 2021). Revenue: US$1.06b (down 7.2% from 2Q 2021). Net income: US$256.0m (down 4.5% from 2Q 2021). Profit margin: 24% (in line with 2Q 2021). Over the next year, revenue is expected to shrink by 4.2% compared to a 5.1% decline forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jul 07
Domtar Corporation entered into an agreement to acquire Resolute Forest Products Inc. (NYSE:RFP) from Fairfax Financial Holdings Limited (TSX:FFH) and others for $1.6 billion. Domtar Corporation entered into an agreement to acquire Resolute Forest Products Inc. (NYSE:RFP) from Fairfax Financial Holdings Limited (TSX:FFH) and others for $1.6 billion on July 5, 2022. The transaction will be carried out by way of a merger of Resolute with a newly created subsidiary of Domtar, providing for conversion of each share of Resolute common stock into the right to receive $20.50 per share, together with a CVR entitling the holder to a share of future softwood lumber duty deposit refunds. Each share, on a fully diluted basis at closing, will be entitled to receive one CVR. Resolute will become a wholly-owned subsidiary of Domtar, under the auspices of the Group, and continue to operate on a business-as-usual basis under the Resolute name. The Resolute management team will remain in place at the company’s headquarters. Furthermore, The Paper Excellence Group plans to retain Resolute’s production locations and levels of jobs.
Resolute stockholders will have the opportunity to vote on the transaction at a stockholders’ meeting to be held in early fall. The merger will require the approval of a majority of the outstanding shares of Resolute. In addition to stockholder approval, the transaction is subject to applicable regulatory approvals and the satisfaction of certain other customary closing conditions. The board of directors of Resolute unanimously determined that the terms of the transaction are fair to, and in the best interests of, Resolute and its stockholders and resolved to recommend that Resolute stockholders vote for the transaction. Fairfax Financial Holdings Limited, a significant stockholder of Resolute, has entered into a voting and support agreement to vote its shares in favor of the transaction. As of July 5, 2022, Fairfax Financial Holdings held approximately 30,548,190 shares, or 40% of the outstanding shares as of that date. The transaction is expected to close in the first half of 2023.
Barclays is serving as exclusive financial advisor to Paper Excellence, and Latham & Watkins LLP, McMillan LLP, and McCarthy Tétrault LLP, are serving as legal advisors. Barclays, CoBank, and Bank of Montreal are providing acquisition financing to Domtar in connection with the transaction. CIBC Capital Markets is serving as exclusive financial advisor to Resolute, and Paul, Weiss, Rifkind, Wharton & Garrison LLP, and Stikeman Elliott LLP are serving as legal advisors. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 69% share price gain to CA$26.57, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 4x in the Forestry industry in Canada. Total returns to shareholders of 227% over the past three years. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improved over the past week After last week's 15% share price gain to CA$21.03, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 4x in the Forestry industry in Canada. Total returns to shareholders of 179% over the past three years. Reported Earnings • May 06
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: US$2.71 (up from US$1.07 in 1Q 2021). Revenue: US$945.0m (up 8.2% from 1Q 2021). Net income: US$210.0m (up 141% from 1Q 2021). Profit margin: 22% (up from 10.0% in 1Q 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) also missed analyst estimates by 44%. Over the next year, revenue is forecast to decline by 5.6% while the industry in Canada is not expected to grow. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Apr 15
Resolute Forest Products Inc. to Report Q1, 2022 Results on May 05, 2022 Resolute Forest Products Inc. announced that they will report Q1, 2022 results at 7:00 AM, US Eastern Standard Time on May 05, 2022 Recent Insider Transactions • Mar 16
Insider recently sold CA$143k worth of stock On the 15th of March, John Lafave sold around 8k shares on-market at roughly CA$17.63 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$134k more than they bought in the last 12 months. Tillkännagivande • Feb 26
Resolute Forest Products Inc., Annual General Meeting, May 27, 2022 Resolute Forest Products Inc., Annual General Meeting, May 27, 2022. Tillkännagivande • Dec 18
Resolute Forest Products Inc. Announces Indefinite Idling of Pulp and Paper Operations at Calhoun, TN Mill Resolute Forest Products Inc. announced the indefinite idling of pulp and paper operations at its Calhoun (Tennessee) mill. Tissue manufacturing and converting will continue at the site and the adjacent distribution center will remain in full operation. The company anticipates that the decision will directly affect 350 hourly and salaried positions at the Calhoun mill. The facility, which employs a total of 545 people, has an annual capacity of 147,000 metric tons of pulp and 149,000 metric tons of paper as well as 60,000 metric tons of premium tissue. The company continues to accumulate significant financial losses at the mill, even with the current strong market conditions for both the pulp and uncoated freesheet paper it manufactures. On a trailing twelve-month basis ending September 30, the pulp and paper operations in Calhoun produced an operating loss of $62 million before corporate expense allocation, including a depreciation expense of $10 million. In addition to these financial losses, the Calhoun mill faced additional significant production upsets in November and December. Once the indefinite idling is completed, the company anticipates an improvement in its overall operating income, of approximately $35 million to $40 million, which reflects the lost pulp integration benefit with its tissue manufacturing of approximately $15 million and approximately $5 million from on-going costs associated with closed site maintenance. Pulp and paper operations will continue for up to 60 days to ensure an orderly shutdown, to accommodate environmental safeguards and to transition customers. Tillkännagivande • Dec 09
Resolute Forest Products Inc. (NYSE:RFP) announces an Equity Buyback for 10,000,000 shares, for $100 million. Resolute Forest Products Inc. (NYSE:RFP) announces a share repurchase program. Under the program, the company will repurchase up to 10,000,000 shares, for $100 million. The repurchase program will be funded using the company’s sources of liquidity. The repurchase program has no set expiration date. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improved over the past week After last week's 16% share price gain to CA$17.01, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Forestry industry in Canada. Total returns to shareholders of 49% over the past three years. Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS US$1.01 (vs US$0.66 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$817.0m (up 12% from 3Q 2020). Net income: US$80.0m (up 40% from 3Q 2020). Profit margin: 9.8% (up from 7.8% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improved over the past week After last week's 18% share price gain to CA$18.08, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Forestry industry in Canada. Total returns to shareholders of 46% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$30.96 per share. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CA$12.98, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 6x in the Forestry industry in Canada. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$22.76 per share. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improved over the past week After last week's 20% share price gain to CA$16.43, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 5x in the Forestry industry in Canada. Total returns to shareholders of 14% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$28.90 per share. Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS US$3.37 (vs US$0.068 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$1.14b (up 86% from 2Q 2020). Net income: US$268.0m (up US$262.0m from 2Q 2020). Profit margin: 24% (up from 1.0% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 18
Inaugural dividend of US$1.00 per share Eligible shareholders must have bought the stock before 25 June 2021. Payment date: 07 July 2021. This is the first dividend for Resolute Forest Products since going public. The average dividend yield among industry peers is 1.4%. Recent Insider Transactions • Jun 17
Insider recently sold CA$82k worth of stock On the 16th of June, Daniel Ouellet sold around 5k shares on-market at roughly CA$16.45 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$158k. Insiders have been net sellers, collectively disposing of CA$2.1m more than they bought in the last 12 months. Tillkännagivande • Jun 12
Resolute Forest Products Inc. Declares Special Dividend, Payable on July 7, 2021 Resolute Forest Products Inc. declared a special cash dividend of $1.00 per share of common stock, payable on July 7, 2021 for holders of record at the close of business on June 28, 2021. The company also announced additional capital investments of $50 million in its wood products operations to support its continued growth, and it confirmed the repayment of all amounts outstanding under its revolving and term credit facilities, reducing debt by $180 million in the second quarter. Valuation Update With 7 Day Price Move • Jun 05
Investor sentiment deteriorated over the past week After last week's 15% share price decline to US$17.22, the stock trades at a forward P/E ratio of 2x. Average forward P/E is 5x in the Forestry industry in Canada. Total returns to shareholders of 47% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$12.10 per share. Recent Insider Transactions • May 13
Senior VP of Corporate Affairs recently sold CA$158k worth of stock On the 7th of May, Jacques Vachon sold around 8k shares on-market at roughly CA$19.43 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$306k. Insiders have been net sellers, collectively disposing of CA$2.0m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 08
Investor sentiment improved over the past week After last week's 16% share price gain to US$19.47, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 6x in the Forestry industry in Canada. Total returns to shareholders of 78% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at CA$12.01 per share. Reported Earnings • May 01
First quarter 2021 earnings released: EPS US$1.07 (vs US$0.011 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$873.0m (up 27% from 1Q 2020). Net income: US$87.0m (up US$88.0m from 1Q 2020). Profit margin: 10.0% (up from net loss in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS US$0.12 (vs US$0.51 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$2.80b (down 4.2% from FY 2019). Net income: US$10.0m (up US$57.0m from FY 2019). Profit margin: 0.4% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 0.9%. Earnings per share (EPS) missed analyst estimates by 91%. Over the next year, revenue is forecast to grow 13%, compared to a 35% growth forecast for the Forestry industry in Canada. Tillkännagivande • Mar 04
Resolute Forest Products Inc. Appoints Daniel Viboux as Vice President and Chief Accounting Officer On February 26, 2021, Resolute Forest Products Inc. appointed Daniel Viboux as vice president and chief accounting officer effective March 2, 2021. In this role, Mr. Viboux will serve as the Company's principal accounting officer within the meaning of the rules of the Securities and Exchange Commission. Mr. Viboux, age 56, most recently was lead client service partner & lead audit partner at Deloitte Canada since 2001 before holding various roles of increasing responsibilities at Deloitte Canada between 1989 and 2000. Executive Departure • Mar 03
Chief Accounting Officer & VP has left the company On the 2nd of March, Hugues Dorban's tenure as Chief Accounting Officer & VP ended after 3.5 years in the role. We don't have any record of a personal shareholding under Hugues' name. A total of 3 executives have left over the last 12 months. Executive Departure • Mar 03
President, CEO & Director Yves Laflamme has left the company On the 1st of March, Yves Laflamme's tenure as President, CEO & Director of the company ended after 3.1 years in the role. As of December 2020, Yves personally held 567.01k shares (CA$4.7m worth at the time). A total of 3 executives have left over the last 12 months. Under Yves' leadership, the company delivered a total shareholder return of 44%. Tillkännagivande • Feb 17
Resolute Forest Products Inc., Annual General Meeting, May 21, 2021 Resolute Forest Products Inc., Annual General Meeting, May 21, 2021. Recent Insider Transactions • Feb 13
Senior VP of Corporate Affairs recently sold CA$220k worth of stock On the 10th of February, Jacques Vachon sold around 20k shares on-market at roughly CA$11.29 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of CA$1.0m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment improved over the past week After last week's 22% share price gain to US$12.64, the stock is trading at a trailing P/E ratio of 79.6x, up from the previous P/E ratio of 65.3x. This compares to an average P/E of 16x in the Forestry industry in Canada. Total returns to shareholders over the past three years are 45%. Reported Earnings • Feb 06
Full year 2020 earnings released: EPS US$0.12 (vs US$0.51 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: US$2.80b (down 4.2% from FY 2019). Net income: US$10.0m (up US$57.0m from FY 2019). Profit margin: 0.4% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 06
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 0.9%. Earnings per share (EPS) missed analyst estimates by 91%. Over the next year, revenue is forecast to grow 10%, compared to a 34% growth forecast for the Forestry industry in Canada. Tillkännagivande • Feb 03
Resolute Forest Products Inc. Announces Resignation of Hugues Dorban as Vice President and Chief Accounting Officer, Effective March 15, 2021 On January 27, 2020, Hugues Dorban, vice president and chief accounting officer of Resolute Forest Products Inc. notified the Company of his intent to resign as vice president and chief accounting officer of the Company, effective March 15, 2021, in order to pursue a new opportunity. Mr. Dorban’s resignation is not the result of any disagreement with the Company regarding its operations, policies or practices. Is New 90 Day High Low • Feb 02
New 90-day high: CA$11.16 The company is up 71% from its price of CA$6.52 on 03 November 2020. The Canadian market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 27% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$11.12 per share. Tillkännagivande • Jan 21
Resolute Forest Products Inc. Appoints Sylvain A. Girard as Senior Vice President, Effective March 2, 2021 Resolute Forest Products Inc. announced the appointment of Sylvain A. Girard as the company's next senior vice president and chief financial officer, effective March 2, 2021. Mr. Girard will join the Company as special advisor to Remi G. Lalonde, the company's current senior vice president and chief financial officer on February 15, 2021 and will continue to serve in this capacity until he succeeds Mr. Lalonde as the company's senior vice president and chief financial officer on March 2, 2021. Mr. Girard will report to Mr. Lalonde. Tillkännagivande • Jan 20
Resolute Announces Appointment of Sylvain A. Girard as Chief Financial Officer Resolute Forest Products Inc. announced that Sylvain A. Girard will join the company and be appointed as senior vice president and chief financial officer as of March 2, 2021. His term will begin the day after Remi G. Lalonde, currently Resolute's senior vice president and chief financial officer, assumes the position of president and chief executive officer. Mr. Girard will report to Mr. Lalonde. With over 25 years of global financial and leadership experience, including nearly 20 years tenure in different chief financial officer roles, Mr. Girard is a seasoned finance professional with extensive global experience. He has a proven record of delivering results and leading bold transformations. Mr. Girard most recently served as executive vice president and chief financial officer of SNC-Lavalin Group Inc. Tillkännagivande • Jan 15
Resolute Forest Products Inc. to Report Fiscal Year 2020 Results on Feb 04, 2021 Resolute Forest Products Inc. announced that they will report fiscal year 2020 results at 7:00 AM, US Eastern Standard Time on Feb 04, 2021 Is New 90 Day High Low • Jan 15
New 90-day high: CA$9.40 The company is up 44% from its price of CA$6.53 on 16 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 26% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$10.49 per share. Is New 90 Day High Low • Dec 30
New 90-day high: CA$8.39 The company is up 39% from its price of CA$6.04 on 30 September 2020. The Canadian market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 33% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$6.13 per share. Tillkännagivande • Dec 19
Resolute Announces Appointment of Hugues Simon as President of Wood Products Resolute Forest Products Inc. announced that Hugues Simon will join the company and be appointed as president of the wood products division as of March 1, 2021. His term will begin as of the date on which Remi G. Lalonde, currently Resolute's chief financial officer, assumes the position of president and chief executive officer. Mr. Simon will report to Mr. Lalonde. Is New 90 Day High Low • Dec 11
New 90-day high: CA$8.21 The company is up 26% from its price of CA$6.53 on 11 September 2020. The Canadian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 21% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$7.69 per share. Recent Insider Transactions • Dec 06
Insider recently sold CA$108k worth of stock On the 2nd of December, Richard Tremblay sold around 15k shares on-market at roughly CA$7.19 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$146k. Insiders have been net sellers, collectively disposing of CA$695k more than they bought in the last 12 months. Is New 90 Day High Low • Nov 24
New 90-day high: CA$7.26 The company is up 18% from its price of CA$6.14 on 25 August 2020. The Canadian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$6.78 per share. Recent Insider Transactions • Nov 20
Insider recently sold CA$101k worth of stock On the 16th of November, Richard Tremblay sold around 15k shares on-market at roughly CA$6.62 per share. In the last 3 months, there was an even bigger sale from another insider worth CA$128k. Insiders have been net sellers, collectively disposing of CA$441k more than they bought in the last 12 months. Analyst Estimate Surprise Post Earnings • Nov 08
Revenue and earnings miss expectations Revenue missed analyst estimates by 8.1%. Earnings per share (EPS) also missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 7.8%, compared to a 16% growth forecast for the Forestry industry in Canada. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS US$0.66 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: US$730.0m (up 3.5% from 3Q 2019). Net income: US$57.0m (up US$100.0m from 3Q 2019). Profit margin: 7.8% (up from net loss in 3Q 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Oct 09
New 90-day high: CA$6.97 The company is up 111% from its price of CA$3.31 on 10 July 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$0.52 per share. Is New 90 Day High Low • Sep 19
New 90-day high: CA$6.82 The company is up 138% from its price of CA$2.86 on 19 June 2020. The Canadian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 46% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$0.52 per share. Tillkännagivande • Jul 31
An unknown buyer acquired Augusta newsprint mill from Resolute Forest Products Inc. (NYSE:RFP) for $9 million. An unknown buyer acquired Augusta newsprint mill from Resolute Forest Products Inc. (NYSE:RFP) for $9 million during the quarter ended June 30, 2020.
An unknown buyer completed the acquisition of Augusta newsprint mill from Resolute Forest Products Inc. (NYSE:RFP) during the quarter ended June 30, 2020. Tillkännagivande • Jul 18
Resolute Forest Products Inc. to Report Q2, 2020 Results on Jul 30, 2020 Resolute Forest Products Inc. announced that they will report Q2, 2020 results at 7:00 AM, US Eastern Standard Time on Jul 30, 2020