Royal Road Minerals (CVE:RYR) Hits New 1-Year High - Time to Buy?

Key Points

• Royal Road Minerals reached a new 52-week high, trading at C$0.24 with a volume of 49,929 shares.
• The company's market capitalization stands at C$63.77 million, with a price-to-earnings ratio of -12.00.
• Royal Road Minerals focuses on discovering and developing copper and gold deposits while ensuring minimal environmental impact.

Royal Road Minerals Limited (CVE:RYR - ) reached a new 52-week high on Monday . The company traded as high as C$0.24 and last traded at C$0.24, with a volume of 49929 shares changing hands. The stock had previously closed at C$0.24.

Royal Road Minerals Trading Up 2.1%

The company has a market capitalization of C$63.77 million, a price-to-earnings ratio of -12.00 and a beta of 0.91. The business's 50-day simple moving average is C$0.14 and its 200-day simple moving average is C$0.12. 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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