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Western Forest Prod ( (TSE:WEF) ) has provided an announcement.
Western Forest Products Inc. announced temporary curtailments at its British Columbia sawmills, reducing lumber production by approximately 50 million board feet in the second half of 2025. This decision is due to weak market conditions, increased U.S. softwood lumber duties, and challenges in the B.C. operating environment, including log supply issues and labor strikes. The company will adjust operations based on market conditions and log supply, impacting its operations and potentially affecting stakeholders such as employees and local communities.
The most recent analyst rating on (TSE:WEF) stock is a Hold with a C$12.00 price target. To see the full list of analyst forecasts on Western Forest Prod stock, see the TSE:WEF Stock Forecast page.
Spark’s Take on TSE:WEF Stock
According to Spark, TipRanks’ AI Analyst, TSE:WEF is a Neutral.
Western Forest Prod’s overall stock score is primarily impacted by its financial performance, which shows significant challenges with declining revenues and profitability. Technical analysis provides a neutral outlook, while valuation concerns due to a negative P/E ratio further weigh down the score.
To see Spark’s full report on TSE:WEF stock, click here.
More about Western Forest Prod
Western Forest Products Inc. is an integrated forest products company specializing in high-value, specialty forest products for global softwood markets. With operations primarily on the coast of British Columbia and Washington State, the company operates six sawmills, four remanufacturing facilities, and two glulam manufacturing facilities. It sources timber from long-term licenses, First Nations arrangements, and market purchases, and supplements production through a wholesale program.
Average Trading Volume: 22,220
Technical Sentiment Signal: Sell
Current Market Cap: C$137.5M
Learn more about WEF stock on TipRanks’ Stock Analysis page.