Royal Road Minerals Limited (CVE:RYR – Get Free Report)’s share price rose 10% during mid-day trading on Friday . The company traded as high as C$0.13 and last traded at C$0.11. Approximately 233,500 shares traded hands during mid-day trading, an increase of 228% from the average daily volume of 71,113 shares. The stock had previously closed at C$0.10.
Royal Road Minerals Stock Performance
The company has a market capitalization of C$29.23 million, a price-to-earnings ratio of -1.83 and a beta of 1.18. The stock’s 50-day moving average price is C$0.10 and its 200-day moving average price is C$0.10. The company has a debt-to-equity ratio of 0.52, a quick ratio of 15.97 and a current ratio of 33.33.
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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