Royal Road Minerals (CVE:RYR) Trading Up 10% – Here’s What Happened

Royal Road Minerals Limited (CVE:RYRGet Free Report) rose 10% on Friday . The stock traded as high as C$0.13 and last traded at C$0.11. Approximately 247,000 shares traded hands during trading, an increase of 244% from the average daily volume of 71,720 shares. The stock had previously closed at C$0.10.

Royal Road Minerals Stock Performance

The company has a debt-to-equity ratio of 0.52, a quick ratio of 15.97 and a current ratio of 33.33. 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 stock has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10.

Royal Road Minerals Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Royal Road Minerals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Road Minerals and related companies with MarketBeat.com's FREE daily email newsletter.