Royal Road Minerals (CVE:RYR) Stock Price Up 34.8% – Should You Buy?

Royal Road Minerals Limited (CVE:RYRGet Free Report) shares shot up 34.8% during trading on Monday . The company traded as high as C$0.16 and last traded at C$0.16. 1,405,188 shares traded hands during trading, an increase of 234% from the average session volume of 421,084 shares. The stock had previously closed at C$0.12.

Royal Road Minerals Price Performance

The stock’s 50-day moving average is C$0.13 and its 200 day moving average is C$0.12. The stock has a market capitalization of C$42.51 million, a PE ratio of -8.00 and a beta of 0.36. 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

(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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