OTCPK:PILBF - Post by User
Post by
Spuds21on Oct 28, 2015 9:38pm
141 Views
Post# 24237258
Dundee Securities Reaffirms “Buy” Rating for Polaris Materia
Dundee Securities Reaffirms “Buy” Rating for Polaris MateriaPolaris Materials Corp (TSE:PLS)‘s
stock had its “
buy”
rating reiterated by stock
analysts at Dundee Securities in a research report issued to clients and investors on Wednesday,
MarketBeat Ratings reports.
Shares of Polaris Materials Corp (TSE:PLS) opened at 1.83 on Wednesday. The company’s 50 day moving average price is $1.93 and its 200-day moving average price is $2.21. Polaris Materials Corp has a 12 month low of $1.65 and a 12 month high of $2.83. The firm’s market capitalization is $160.60 million.
Polaris Minerals Corporation is engaged in the development and business of construction aggregate properties and jobs located in Canada and the United States. The Business’s construction aggregates interests consist of an 88% ownership in the Orca Sand and Gravel Quarry, a 70% possession in the Richmond Terminal in California, which receives and distributes the Orca products, and a 70% ownership in the Eagle Rock Quarry Project. Gravel and sand aggregates are produced by the Company’s Orca Quarry to be used in concrete manufacture. The Orca Quarry is a big deposit of gravel and sand located. The Eagle Rock Quarry endeavor is a granite resource located near Port Alberni.