Shares of Abitibi Royalties Inc. (CVE:RZZ – Get Free Report) traded down 0.6% during mid-day trading on Tuesday. The stock traded as low as C$26.80 and last traded at C$27.00. 4,551 shares traded hands during mid-day trading, an increase of 22% from the average daily volume of 3,730 shares. The stock had previously closed at C$27.15.
Abitibi Royalties Stock Performance
The company has a 50 day simple moving average of C$27.00 and a 200 day simple moving average of C$27.00. The company has a market capitalization of C$336.50 million and a PE ratio of -168.75.
Abitibi Royalties Company Profile
Abitibi Royalties Inc engages in exploring, evaluating, and promoting mineral properties and other projects in Canada. Its flagship royalty is 3% net smelter return royalty located on the eastern portion of the Canadian Malartic mine that includes the East Malartic, Odyssey, Sladen, Sheehan, Jeffrey, Barnat Extension, Gouldie Zone, and the Charlie Zone. The company was incorporated in 2010 and is headquartered in Val-d'Or, Canada.
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