Abitibi Royalties (CVE:RZZ) Shares Down 0.6%

Abitibi Royalties Inc. (CVE:RZZGet Free Report)’s stock price dropped 0.6% during mid-day trading on Wednesday . The company traded as low as C$26.80 and last traded at C$27.00. Approximately 4,550 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 3,730 shares. The stock had previously closed at C$27.15.

Abitibi Royalties Trading Down 0.6 %

The firm has a 50-day moving average of C$27.00 and a 200-day moving average of C$27.00. The stock has a market capitalization of C$336.50 million and a price-to-earnings ratio of -168.75.

About Abitibi Royalties

(Get Free Report)

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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