Abitibi Royalties (CVE:RZZ) Trading Down 0.6% – Time to Sell?
by Kim Johansen · The Markets DailyAbitibi Royalties Inc. (CVE:RZZ – Get Free Report)’s stock price fell 0.6% on Tuesday . The company traded as low as C$26.80 and last traded at C$27.00. 4,551 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 Down 0.6 %
The firm’s fifty day simple moving average is C$27.00 and its 200-day simple moving average is C$27.00. The firm has a market capitalization of C$336.50 million and a PE 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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