Abitibi Royalties Inc. (CVE:RZZ – Get Free Report) shares fell 0.6% during trading on Friday . The stock traded as low as C$26.80 and last traded at C$27.00. 4,550 shares changed 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 stock has a market capitalization of C$336.50 million and a price-to-earnings ratio of -168.75. The company has a fifty day simple moving average of C$27.00 and a 200 day simple moving average of 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.
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