Royal Road Minerals (CVE:RYR) Stock Price Up 4.4% – Here’s Why

Royal Road Minerals Limited (CVE:RYR) shares were up 4.4% during mid-day trading on Monday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 1,035 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 216,019 shares. The stock had previously closed at C$0.23.

Royal Road Minerals Trading Up 4.4%

The company has a quick ratio of 15.97, a current ratio of 33.33 and a debt-to-equity ratio of 0.52. The business’s fifty day moving average is C$0.21 and its 200-day moving average is C$0.18. The stock has a market capitalization of C$68.96 million, a PE ratio of -7.83 and a beta of 1.43.

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.