Royal Road Minerals Limited (CVE:RYR – Get Free Report) shares shot up 16.7% during trading on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. 277,000 shares traded hands during trading, an increase of 267% from the average session volume of 75,390 shares. The stock had previously closed at C$0.09.
Royal Road Minerals Price Performance
The company has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.10. The firm has a market capitalization of C$29.23 million, a PE ratio of -2.20 and a beta of 1.05. The company has a current ratio of 26.65, a quick ratio of 15.97 and a debt-to-equity ratio of 0.39.
Royal Road Minerals Company Profile
Royal Road Minerals Limited engages in the exploration and development of mineral properties in Colombia, Nicaragua, and Peru. The company primarily explores for gold and copper deposits. The company holds interests in the Piedra Iman property located in Chinandega district of Nicaragua. It also holds 100% interests in the Santo Domingo porphyry project situated in San Juan Province of Argentina.
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