Polaris Infrastructure Inc. (PIF:CA) Rises 7.49% for January 07

Equities Staff  |

January 07 was a positive day for Polaris Infrastructure Inc. (PIF:CA) as its stock finished the day having gained 7.49% to hit a price of $14.07 a share. The company reached a market cap of 220.99 million and has 15.71 million shares outstanding. Polaris Infrastructure Inc. is a component of the the S&P/TSX SmallCap Index.

97,803 shares changed hands over the course of the day as compared to an average volume of n/a over the last 30 days for Polaris Infrastructure Inc..

Polaris Infrastructure Inc is engaged in the acquisition, exploration, development and operation of geothermal and hydroelectric energy projects. The company, through its subsidiaries, owns and operates a 72-megawatt capacity geothermal facility (the San Jacinto Project), located in northwest Nicaragua.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Marc Murnaghan.

Polaris Infrastructure Inc. has hit a high of $15.83 and reached a low of $9.65 over its last year of trading. The stock’s 50-day SMA is now $n/a and 200-day SMA is $n/a. As for its price valuations, the P/E ratio is at n/a and P/B is now 0.87.

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The S&P/TSX SmallCap Index tracks over 200 Canadian small-cap stocks for cumulative performance. Relying on market cap weighting to calculate returns, it’s an index similar in composition to the Russell 2000, only focused on Canadian companies and much smaller in terms of its total membership. Widely recognized as the benchmark for small-cap Canadian stocks, the member companies must have a market cap between C$100 million and C$1.5 billion and an average share price of at least C$1.

To get more information on Polaris Infrastructure Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: PIF:CA’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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