Royal Road Minerals (CVE:RYR) Trading Down 8.7% – Should You Sell?

by · The Cerbat Gem

Royal Road Minerals Limited (CVE:RYR – Get Free Report)’s share price traded down 8.7% during trading on Monday . The stock traded as low as C$0.11 and last traded at C$0.11. 6,400 shares traded hands during trading, a decline of 88% from the average session volume of 53,876 shares. The stock had previously closed at C$0.12.

Royal Road Minerals Stock Performance

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 fifty day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.11. The stock has a market cap of C$27.90 million, a PE ratio of -1.75 and a beta of 1.18.

About Royal Road Minerals

(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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