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

Royal Road Minerals Limited (CVE:RYR) Director Timothy James Coughlin acquired 91,000 shares of the stock in a transaction dated Friday, March 28th. The shares were purchased 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 %

CVE:RYR traded up C$0.02 during mid-day trading on Friday, reaching C$0.12. 142,000 shares of the company’s stock traded hands, compared to its average volume of 66,916. The company 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 capitalization of C$30.56 million, a price-to-earnings ratio of -1.92 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. Royal Road Minerals Limited has a 12-month low of C$0.09 and a 12-month high of C$0.14.

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.