Royal Road Minerals (CVE:RYR) Trading 12.5% Higher - Should You Buy?

Key Points

• Shares of Royal Road Minerals (CVE:RYR) surged by 12.5% on Tuesday, reaching C$0.18, with a trading volume that increased by 71% compared to the average session.
• The company has a debt-to-equity ratio of 0.52 and a market capitalization of C$58.45 million, with a current ratio significantly above 1, indicating good short-term financial health.
• Royal Road Minerals focuses on discovering and developing environmentally sustainable copper and gold deposits, with expertise aimed at minimizing ecological impact while benefiting future generations.

Shares of Royal Road Minerals Limited (CVE:RYR - ) shot up 12.5% on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.18. 722,055 shares traded hands during trading, an increase of 71% from the average session volume of 422,468 shares. The stock had previously closed at C$0.16.

Royal Road Minerals Trading Up 37.5%

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 firm has a market cap of C$58.45 million, a PE ratio of -11.00 and a beta of 0.36. The company has a 50 day simple moving average of C$0.13 and a two-hundred day simple moving average of 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.

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