Royal Road Minerals Limited (CVE:RYR – Get Free Report)’s share price rose 20% on Friday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 172,000 shares traded hands during mid-day trading, an increase of 150% from the average daily volume of 68,720 shares. The stock had previously closed at C$0.10.
Royal Road Minerals Stock Up 10.0 %
The firm’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.10. The company has a current ratio of 33.33, a quick ratio of 15.97 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of C$29.23 million, a price-to-earnings ratio of -1.83 and a beta of 1.18.
About Royal Road Minerals
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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