Insider Buying: Royal Road Minerals Limited (CVE:RYR) Director Acquires 91,000 Shares of Stock

Royal Road Minerals Limited (CVE:RYR) Director Timothy James Coughlin bought 91,000 shares of the company’s stock in a transaction dated Friday, March 28th. The stock was bought at an average cost of C$0.12 per share, with a total value of C$10,465.00.

Royal Road Minerals Trading Up 15.0 %

Shares of CVE RYR traded up C$0.02 during midday trading on Friday, hitting C$0.12. 142,000 shares of the company traded hands, compared to its average volume of 66,916. The company has a debt-to-equity ratio of 0.52, a quick ratio of 15.97 and a current ratio of 33.33. Royal Road Minerals Limited has a 12-month low of C$0.09 and a 12-month high of C$0.14. The stock has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.10. The firm has a market cap of C$30.56 million, a P/E ratio of -1.92 and a beta of 1.18.

Royal Road Minerals Company Profile

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.