Royal Road Minerals (CVE:RYR) Trading 19.4% Higher - Here's Why

Key Points

• Shares rose 19.4% to C$0.22 on Tuesday from a C$0.18 close, with 18,000 shares traded — an 83% drop from the average volume of 104,332 shares.
• The company has a market capitalization of C$63.31 million, a negative PE of -10.75 and a beta of 1.17, with unusually high liquidity ratios (current ratio 33.33, quick ratio 15.97) and a debt-to-equity of 0.52.
• Royal Road Minerals is a Jersey-based mineral exploration and development firm focused on discovering copper and gold deposits, listed on the TSX Venture Exchange (RYR) and Frankfurt Exchange (RLU) and emphasizing low environmental impact.

Royal Road Minerals Limited (CVE:RYR - )'s share price traded up 19.4% on Tuesday . The stock traded as high as C$0.22 and last traded at C$0.22. 18,000 shares traded hands during trading, a decline of 83% from the average session volume of 104,332 shares. The stock had previously closed at C$0.18.

Royal Road Minerals Trading Up 19.4%

The firm has a market capitalization of C$63.31 million, a PE ratio of -10.75 and a beta of 1.17. The firm's fifty day moving average is C$0.20 and its two-hundred day moving average is C$0.20. The company has a debt-to-equity ratio of 0.52, a current ratio of 33.33 and a quick ratio of 15.97.

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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