Royal Road Minerals Limited (CVE:RYR – Get Free Report) rose 39.1% during mid-day trading on Tuesday . The stock traded as high as C$0.16 and last traded at C$0.16. Approximately 1,539,098 shares were traded during mid-day trading, an increase of 262% from the average daily volume of 425,050 shares. The stock had previously closed at C$0.12.
Royal Road Minerals Stock Performance
The stock has a market capitalization of C$53.14 million, a price-to-earnings ratio of -10.00 and a beta of 0.36. 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 firm has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.12.
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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