Royal Road Minerals (CVE:RYR) Shares Up 39.1% – What’s Next?

Royal Road Minerals Limited (CVE:RYR)’s share price traded up 39.1% during mid-day trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. 1,539,098 shares changed hands during mid-day trading, an increase of 262% from the average session volume of 425,050 shares. The stock had previously closed at C$0.12.

Royal Road Minerals Stock 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 market capitalization of C$42.51 million, a price-to-earnings ratio of -8.00 and a beta of 0.36. The firm’s fifty day moving average price is C$0.13 and its 200 day moving average price is C$0.12.

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.