RZZ Makes Notable Cross Below Critical Moving Average

In trading on Monday, shares of Abitibi Royalties Inc (TSXV: RZZ.TO) crossed below their 200 day moving average of $3.30, changing hands as low as $3.11 per share. Abitibi Royalties Inc shares are currently trading off about 7.1% on the day. The chart below shows the one year performance of RZZ shares, versus its 200 day moving average:

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Abitibi Royalties Inc 200 Day Moving Average Chart

Looking at the chart above, RZZ's low point in its 52 week range is $1.94 per share, with $5.10 as the 52 week high point — that compares with a last trade of $3.15.

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