Abitibi Royalties Inc. (CVE:RZZ – Get Free Report)’s share price fell 0.6% during mid-day trading on Wednesday . The company 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 session volume of 3,730 shares. The stock had previously closed at C$27.15.
Abitibi Royalties Trading Down 0.6 %
The stock’s 50-day moving average price is C$27.00 and its 200-day moving average price is C$27.00. The company has a market capitalization of C$336.50 million and a P/E 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.
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