Primaris Real Estate Investment Trust (OTCMKTS:PMREF – Get Free Report) shares rose 0.3% during mid-day trading on Monday . The stock traded as high as C$16.50 and last traded at C$16.50. 41,134 shares were traded during mid-day trading, an increase of 124% from the average daily volume of 18,352 shares. The stock had previously closed at C$16.45.
Primaris Real Estate Investment Trust Stock Up 0.3%
The stock’s 50 day moving average price is C$15.37 and its 200-day moving average price is C$13.84.
About Primaris Real Estate Investment Trust
Primaris Real Estate Investment Trust is a Canadian real estate investment trust focused on owning, operating and acquiring retail properties. The trust’s portfolio is anchored by neighbourhood and regional shopping centres, often featuring grocery store and necessity-based tenants that generate stable foot traffic. By concentrating on retail real estate, Primaris aims to deliver predictable income streams through long-term leases with credit-worthy tenants.
The company’s core activities include property management, leasing and asset management services.
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