Royal Road Minerals (CVE:RYR) Stock Price Up 10% – What’s Next?

Royal Road Minerals Limited (CVE:RYR) traded up 10% on Friday . The stock traded as high as C$0.13 and last traded at C$0.11. 233,500 shares were traded during trading, an increase of 228% from the average session volume of 71,113 shares. The stock had previously closed at C$0.10.

Royal Road Minerals Stock Up 10.0 %

The company has a market cap of C$29.23 million, a price-to-earnings ratio of -1.83 and a beta of 1.18. The business has a 50-day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10. The company has a quick ratio of 15.97, a current ratio of 33.33 and a debt-to-equity ratio of 0.52.

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.