The stock of Abitibi Royalties Inc (CVE:RZZ) is a huge mover today! About 4,160 shares traded hands. Abitibi Royalties Inc (CVE:RZZ) has risen 6.00% since October 4, 2016 and is uptrending. It has outperformed by 4.79% the S&P500.
The move comes after 6 months positive chart setup for the $114.56 million company. It was reported on Nov, 3 by Barchart.com. We have $20.80 PT which if reached, will make CVE:RZZ worth $130.60M more.
More notable recent Abitibi Royalties Inc (CVE:RZZ) news were published by: Marketwired.com which released: “Abitibi Royalties Inc.: Rob McEwen to Purchase Additional 439084 Shares for …” on June 02, 2016, also Marketwired.com with their article: “Abitibi Royalties Update on Royalties at Canadian Malartic Mine” published on October 31, 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: Marketwired.com and their article: “Abitibi Royalties News Release Update on Investment Portfolio” published on October 19, 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 $114.56 million. The Firm operates through exploration and evaluation of mineral resources segment. It has a 5.14 P/E ratio. The Company’s properties include Canadian Malartic property, and Luc Bourdon and Bourdon West prospects.
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