Abitibi Royalties Inc. (CVE:RZZ – Get Free Report) shares fell 0.6% on Tuesday. The company traded as low as C$26.80 and last traded at C$27.00. Approximately 4,551 shares were traded during 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 Down 0.6%
The firm’s 50-day moving average is C$27.00 and its 200-day moving average is C$27.00. The company has a market cap of C$336.50 million and a PE ratio of -168.75.
About Abitibi Royalties
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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