Royal Road Minerals (CVE:RYR) Stock Price Up 12.5% – Still a Buy?

Royal Road Minerals Limited (CVE:RYR)’s share price rose 12.5% on Friday . The company traded as high as C$0.14 and last traded at C$0.14. Approximately 7,200 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 56,084 shares. The stock had previously closed at C$0.12.

Royal Road Minerals Stock Up 12.5 %

The stock has a market cap of C$35.87 million, a price-to-earnings ratio of -2.25 and a beta of 1.18. The company has a quick ratio of 15.97, a current ratio of 33.33 and a debt-to-equity ratio of 0.52. The stock has a fifty day moving average of C$0.12 and a two-hundred day moving average of C$0.11.

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.