Shares of Royal Road Minerals Limited (CVE:RYR – Get Free Report) rose 10% on Friday . The company traded as high as C$0.13 and last traded at C$0.11. Approximately 226,000 shares changed hands during trading, an increase of 218% from the average daily volume of 71,007 shares. The stock had previously closed at C$0.10.
Royal Road Minerals Trading Up 10.0 %
The stock has a market cap of C$29.23 million, a price-to-earnings ratio of -1.83 and a beta of 1.18. The company has a debt-to-equity ratio of 0.52, a current ratio of 33.33 and a quick ratio of 15.97. The company’s fifty day moving average price is C$0.10 and its 200-day moving average price is C$0.10.
Royal Road Minerals Company Profile
Royal Road Minerals is a mineral exploration and development company with its head office and technical-operations center located in Jersey, Channel Islands. The Company is listed on the TSX Venture Exchange under the ticker RYR and on the Frankfurt Stock Exchange under the ticker RLU. The Company’s mission is to apply expert skills and innovative technologies to the process of discovering and developing copper and gold deposits of a scale large enough to benefit future generations and modern enough to ensure minimum impact on the environment and no net loss of biodiversity.
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