Royal Road Minerals (CVE:RYR) Trading Up 25% – Should You Buy?

Royal Road Minerals Limited (CVE:RYRGet Free Report) shares shot up 25% on Friday . The company traded as high as C$0.13 and last traded at C$0.13. 180,000 shares changed hands during mid-day trading, an increase of 159% from the average session volume of 69,447 shares. The stock had previously closed at C$0.10.

Royal Road Minerals Price Performance

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 fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10. The company has a market cap of C$29.23 million, a PE ratio of -1.83 and a beta of 1.18.

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.

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