Severely Undervalued! Long time lurker - first time poster...
Have been following this stock for quite some time, moving in and out over the past year. I believe there is great value here and was surprised by the underperformance today in comparison to other lumber peers.
Recently an RBC Report updates their projections for 2021E EBITDA - targeting $32M of EBITDA!! With a much improved balance sheet and trading at 2.2x 2021E EBITDA, you'd be hard pressed to find this kind of value anywhere else!!
It's a shame that the NCIB is only for 12k shares a day.. that will likely set a floor, but this stock will really move as they begin to execute and investors take notice!
I know I was certainly adding to my position today.