Polaris Materials Corp (TSE:PLS) had its target price boosted by research analysts at Eight Capital from C$2.79 to C$3.40 in a research report issued to clients and investors on Monday. Eight Capital’s price objective suggests a potential downside of 5.56% from the stock’s previous close.

Polaris Materials Corp (TSE PLS) traded up 0.139% during trading on Monday, reaching $3.605. 639,332 shares of the company’s stock were exchanged. The firm’s 50-day moving average price is $1.77 and its 200-day moving average price is $1.21. The firm’s market cap is $318.88 million. Polaris Materials Corp has a 12 month low of $0.90 and a 12 month high of $3.63.

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Polaris Materials Corp Company Profile

Polaris Materials Corporation, formerly Polaris Minerals Corporation, is a Canada-based company, which operates in the development and operation of construction aggregate properties and projects located in the western North America segment. The Company’s operations and projects include The Orca Quarry, which is a deposit of sand and gravel located on northern Vancouver Island, British Columbia; The Richmond Terminal, which is its aggregate storage and distribution facility located in the Port of Richmond, San Francisco Bay, California, and The Long Beach Terminal, which is its aggregate storage and distribution facility located in the Port of Long Beach, the Los Angeles Metropolitan Area, California.

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