Abitibi Royalties Inc. (CVE:RZZ – Get Free Report) shares fell 0.6% during trading on Tuesday . The stock traded as low as C$26.80 and last traded at C$27.00. 4,551 shares were traded during mid-day trading, an increase of 22% from the average session volume of 3,730 shares. The stock had previously closed at C$27.15.
Abitibi Royalties Stock Performance
The company has a 50 day moving average price of C$27.00 and a 200 day moving average price of C$27.00. The company has a market capitalization of C$336.50 million and a price-to-earnings 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.
Further Reading
- Five stocks we like better than Abitibi Royalties
- How Investors Can Find the Best Cheap Dividend Stocks
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- How to Profit From Growth Investing
- NVIDIA Insiders Sell: This Is What It Means for the Market
- Financial Services Stocks Investing
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Receive News & Ratings for Abitibi Royalties Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abitibi Royalties and related companies with MarketBeat.com's FREE daily email newsletter.
