Royal Road Minerals (CVE:RYR) Stock Price Down 8.7% – What’s Next?

Royal Road Minerals Limited (CVE:RYR)’s stock price fell 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 were traded 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 Trading Down 8.7 %

The firm has a market cap of C$27.90 million, a P/E ratio of -1.75 and a beta of 1.18. The company has a debt-to-equity ratio of 0.52, a current ratio of 33.33 and a quick ratio of 15.97. The company’s 50 day moving average is C$0.11 and its two-hundred day moving average is 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.