Abitibi Royalties Inc. (CVE:RZZ – Get Free Report)’s share price fell 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 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 firm has a market capitalization of C$336.50 million and a PE ratio of -168.75. The company’s 50-day moving average price is C$27.00 and its 200-day moving average price is C$27.00.
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.
See Also
- Five stocks we like better than Abitibi Royalties
- What Are Dividend Champions? How to Invest in the Champions
- Market Momentum: 3 Stocks Poised for Significant Breakouts
- What is a SEC Filing?
- Kinder Morgan’s Uptrend is Only Half Over: New Highs Are Coming
- How to Calculate Options Profits
- Momentum Builders: 3 Stocks Positioned to Shine This Quarter
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.