Royal Road Minerals Limited (RRDMF)
Royal Road Minerals Limited operates in the Gold industry of the Basic Materials sector, headquartered in Saint Helier, JE, JE. The stock last traded at $0.16, up 6.70% on the session, giving a market capitalisation of $48.5M. On trailing twelve-month figures it carries a trailing P/E of -8.51, a net margin of 0.0%. Its beta of 1.00 implies it has historically moved less than the broad market.
Royal Road Minerals Limited is a company dedicated to the exploration and advancement of mineral resources throughout Colombia, Nicaragua, and Peru. Its primary efforts are concentrated on discovering and developing gold and copper deposits. In Nicaragua, the company holds key stakes in the Los Andes project, located in the Boaco department, and the Piedra Iman property, found within the Chinandega district. Moving to Colombia, Royal Road Minerals manages a substantial collection of mining concessions and agreements, encompassing roughly 168,841 hectares. These concessions are strategically positioned across highly prospective mineral-bearing zones in the Nariño, Cauca, Antioquia, and Caldas departments. The company has also entered into a significant strategic alliance with Mineros S.A., collaborating on the joint exploration of the Guintar-Niverengo-Margaritas Project. Originally incorporated in 2010 under the name Tigris Resources Limited, the company adopted its current identity, Royal Road Minerals Limited, in April 2015. Its corporate headquarters are situated in Saint Helier, Jersey.
Royal Road Minerals Limited is most often compared with the following Basic Materials names: