Shares of Royal Road Minerals Limited (CVE:RYR – Get Free Report) traded down 13% on Wednesday . The stock traded as low as C$0.20 and last traded at C$0.20. Approximately 263,618 shares were traded during trading, an increase of 148% from the average daily volume of 106,480 shares. The stock had previously closed at C$0.23.
Royal Road Minerals Stock Performance
The firm has a market cap of C$58.94 million, a price-to-earnings ratio of -10.00 and a beta of 1.16. The stock has a 50-day moving average of C$0.21 and a 200-day moving average of C$0.21. The company has a debt-to-equity ratio of 0.52, a quick ratio of 15.97 and a current ratio of 33.33.
About Royal Road Minerals
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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