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. The company was incorporated in 2010 and is headquartered in Val-d'Or, Canada. As of November 5, 2021, Abitibi Royalties Inc. operates as a subsidiary of Gold Royalty Corp.
Research context
Abitibi Royalties Inc appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- CAD
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
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5 years, 6 months ago
Abitibi Royalties Inc is currently in a long term downtrend where the price is trading 1.2% below its 200 day moving average.
From a valuation standpoint, the stock is 66.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 162.2.
Abitibi Royalties Inc's total revenue sank by 83.9% to $153K since the same quarter in the previous year.
Its net income has increased by 47.2% to $6M since the same quarter in the previous year.
Finally, its free cash flow fell by 152.9% to $-244K since the same quarter in the previous year.
Based on the above factors, Abitibi Royalties Inc gets an overall score of 2/5.