Polaris Materials Corp (TSE:PLS) had its price objective hoisted by Eight Capital from C$1.15 to C$2.79 in a research note released on Tuesday morning. Eight Capital currently has a neutral rating on the stock.

Polaris Materials Corp (PLS) opened at 2.72 on Tuesday. The firm has a 50 day moving average of $0.94 and a 200-day moving average of $1.04. Polaris Materials Corp has a 12-month low of $0.90 and a 12-month high of $2.73. The stock’s market cap is $240.59 million.

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About Polaris Materials Corp

Polaris Materials Corporation develops and operates construction aggregate properties and projects in western North America. The company holds an 88% ownership interest in the Orca Quarry, a sand and gravel project located to the north east coast of Vancouver Island west of Port McNeill, British Columbia; a 70% ownership in the Richmond and Long Beach terminals in California; and a 70% interest in the Eagle Rock Quarry project, a granite resource situated on deep tidewater south of Port Alberni on Vancouver Island, British Columbia, as well as holds interest in the Black Bear Project located to the south-west of Port McNeill on Vancouver Island, British Columbia.

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