Royal Road Minerals (CVE:RYR) Hits New 52-Week High – Here’s What Happened

Royal Road Minerals Limited (CVE:RYRGet Free Report) shares hit a new 52-week high during trading on Monday . The company traded as high as C$0.26 and last traded at C$0.26, with a volume of 7370 shares traded. The stock had previously closed at C$0.24.

Royal Road Minerals Trading Up 6.3%

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 stock has a 50-day moving average of C$0.20 and a two-hundred day moving average of C$0.17. The company has a market cap of C$74.83 million, a P/E ratio of -8.50 and a beta of 1.13.

Royal Road Minerals Company Profile

(Get Free Report)

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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