Royal Road Minerals Limited

Royal Road Minerals Limitedverified

RYR.V

Price:

$0.11

Market Cap:

$29.23M

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. It holds interests in the Los Andes project located in Boaco department of Nicaragua; and the Piedra Iman property located in Chinandega district of Nicaragua. The company also holds various mining concession agreements; and holds mining concessions approximately 168,841 hectares of land in prospective mineral belts in the Nariño, Cauca, Antioquia and Caldas departments of Colombia. It has a strategic alliance agreement with Mineros S.A. for joint exploration of Guintar-Niverengo-Margaritas Project. The com...[Read more]

Industry

Gold

IPO Date

2015-04-20

Stock Exchange

TSXV

Ticker

RYR.V

The Current Ratio as of September 2024 (TTM) for Royal Road Minerals Limited (RYR.V) is 33.34

According to Royal Road Minerals Limited’s latest financial reports and current stock price. The company's current Current Ratio is 33.34. This represents a change of 3.09% compared to the average of 32.34 of the last 4 quarters.

Royal Road Minerals Limited (RYR.V) Historical Current Ratio (quarterly & annually)

How has RYR.V Current Ratio performed in the past?

The mean historical Current Ratio of Royal Road Minerals Limited over the last ten years is 21.52. The current 33.34 Current Ratio has changed 15.39% with respect to the historical average. Over the past ten years (40 quarters), RYR.V's Current Ratio was at its highest in in the December 2020 quarter at 58.45. The Current Ratio was at its lowest in in the September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

21.52

Median

17.62

Minimum

1.58

Maximum

58.45

Royal Road Minerals Limited (RYR.V) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Royal Road Minerals Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 318.52%

Maximum Annual Current Ratio = 58.45

Minimum Annual Increase = -95.65%

Minimum Annual Current Ratio = 1.58

Quarterly (TTM)
Annual
YearCurrent RatioChange
202342.2278.31%
202223.68-33.49%
202135.60-39.10%
202058.45216.35%
201918.4810.23%
201816.7694.87%
20178.60165.92%
20163.23-51.12%
20156.62318.52%
20141.58-95.65%

Royal Road Minerals Limited (RYR.V) Average Current Ratio

How has RYR.V Current Ratio performed in the past?

The current Current Ratio of Royal Road Minerals Limited (RYR.V) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

33.83

5-year avg

35.68

10-year avg

21.52

Royal Road Minerals Limited (RYR.V) Current Ratio vs. Peers

How is RYR.V’s Current Ratio compared to its peers?

Royal Road Minerals Limited’s Current Ratio is less than Candelaria Mining Corp. (0), greater than Palamina Corp. (3.65), greater than Barsele Minerals Corp. (1.10), less than null (0), less than null (0),

CompanyCurrent RatioMarket cap
0$749.37K
3.65$11.05M
1.10$25.68M
0$0
0$0

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