Royal Road Minerals Limited (CVE:RYR – Get Free Report) shares dropped 13.6% on Friday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 109,500 shares changed hands during trading, an increase of 42% from the average daily volume of 76,853 shares. The stock had previously closed at C$0.11.
Royal Road Minerals Stock Down 9.1 %
The stock has a market capitalization of C$26.57 million, a PE ratio of -2.00 and a beta of 1.05. The company has a debt-to-equity ratio of 0.39, a current ratio of 26.65 and a quick ratio of 15.97. The business’s fifty day moving average price is C$0.09 and its two-hundred day moving average price is C$0.10.
About Royal Road Minerals
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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