Royal Road Minerals (CVE:RYR) Trading Up 12.5% - Time to Buy?

Key Points

• Royal Road Minerals' share price increased by 12.5% to C$0.18, with trading volume rising by 69% compared to its average session volume.
• The company has a market capitalization of C$58.45 million and a price-to-earnings ratio of -11.00, indicating the potential for investor interest.
• Royal Road Minerals is focused on exploring and developing environmentally sustainable copper and gold deposits, based in Jersey, Channel Islands.

Royal Road Minerals Limited (CVE:RYR - )'s share price traded up 12.5% during mid-day trading on Tuesday . The stock traded as high as C$0.18 and last traded at C$0.18. 722,055 shares traded hands during mid-day trading, an increase of 69% from the average session volume of 427,213 shares. The stock had previously closed at C$0.16.

Royal Road Minerals Trading Up 37.5%

The firm has a market capitalization of C$58.45 million, a price-to-earnings ratio of -11.00 and a beta of 0.36. The company has a current ratio of 33.33, a quick ratio of 15.97 and a debt-to-equity ratio of 0.52. The company has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.12.

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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