Royal Road Minerals (CVE:RYR) Stock Price Up 10% – Should You Buy?

Royal Road Minerals Limited (CVE:RYRGet Free Report)’s stock price shot up 10% on Tuesday . The company traded as high as C$0.11 and last traded at C$0.11. 36,000 shares were traded during trading, a decline of 35% from the average session volume of 55,337 shares. The stock had previously closed at C$0.10.

Royal Road Minerals Trading Up 10.0 %

The company has a debt-to-equity ratio of 0.52, a quick ratio of 15.97 and a current ratio of 33.33. The company has a market capitalization of C$29.23 million, a price-to-earnings ratio of -1.83 and a beta of 1.18. The firm has a fifty day moving average price of C$0.11 and a 200-day moving average price of C$0.11.

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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