Alaris Royalty Corp. (OTCMKTS:PAZRF) shares shot up 2.8% on Monday . The stock traded as high as $2.70 and last traded at $2.70. 1,500 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 4,648 shares. The stock had previously closed at $2.63.
Separately, Royal Bank of Canada raised their price objective on shares of Alaris Royalty from $3.50 to $3.75 and gave the company a “sector perform” rating in a research report on Monday, August 17th.
The firm’s 50 day moving average price is $2.56.
Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada. Plaza's portfolio at March 31, 2020 includes interests in 272 properties totaling approximately 8.4 million square feet across Canada and additional lands held for development.
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