The stock of Abitibi Royalties Inc (CVE:RZZ) is a huge mover today! About 3,450 shares traded hands. Abitibi Royalties Inc (CVE:RZZ) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 7 months positive chart setup for the $95.27M company. It was reported on Oct, 19 by Barchart.com. We have $17.06 PT which if reached, will make CVE:RZZ worth $102.89 million more.
More notable recent Abitibi Royalties Inc (CVE:RZZ) news were published by: Marketwired.com which released: “Abitibi Royalties News Release Update on Investment Portfolio” on October 19, 2016, also Marketwired.com with their article: “Abitibi Royalties Inc.: Rob McEwen to Purchase Additional 439084 Shares for …” published on June 02, 2016, Business.Financialpost.com published: “Abitibi Royalties Inc gets creative to find mining investment opportunities” on June 10, 2015. More interesting news about Abitibi Royalties Inc (CVE:RZZ) were released by: Seekingalpha.com and their article: “Checking In On Abitibi Royalties, Golden Valley Mines” published on September 21, 2016 as well as Marketwired.com‘s news article titled: “Abitibi Royalties Completes C$60 Million Transaction on the Malartic CHL Project” with publication date: March 20, 2015.
Abitibi Royalties Inc., together with its various subsidiaries, is involved in initial grassroots exploration projects. The company has a market cap of $95.27 million. The Firm operates through exploration and evaluation of mineral resources segment. It has a 4.33 P/E ratio. The Company’s properties include Canadian Malartic property, and Luc Bourdon and Bourdon West prospects.
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