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

Shares of Royal Road Minerals Limited (CVE:RYRGet Free Report) were up 10% during trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.11. Approximately 226,000 shares changed hands during trading, an increase of 218% from the average daily volume of 71,007 shares. The stock had previously closed at C$0.10.

Royal Road Minerals Stock Performance

The company has a market cap of C$29.23 million, a PE ratio of -1.83 and a beta of 1.18. The stock’s 50 day simple moving average is C$0.10 and its two-hundred day simple moving average is 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.

About Royal Road Minerals

(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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