Royal Road Minerals Limited (TSE:RYR)
:RYR
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Royal Road Minerals
(RYR)
Select Model
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Rating:50Neutral
Price Target:
C$0.22
▲(7.50% Upside)
Action:ReiteratedDate:12/30/25
The score is held down primarily by weak financial performance (no revenue, ongoing losses, and cash burn) despite a low-debt balance sheet. Technical indicators are neutral-to-modestly supportive, and recent corporate events (financing plus exploration progress) provide upside optionality, but valuation remains constrained by negative earnings and no dividend support.
Positive Factors
Low leverage
Very low debt materially reduces solvency risk and gives management structural flexibility to pursue exploration cycles and absorb setbacks. Over 2–6 months this durability supports continued operations and makes raising project-specific financing or partnerships easier without immediate covenant pressure.
Negative Factors
No revenue / persistent losses
Lack of operating revenue means the business remains exploration-stage and cannot self-fund. Persistent losses force reliance on external capital and make it harder to attract non-dilutive financing or long-term strategic partners, constraining sustainable progress over the coming months.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage
Very low debt materially reduces solvency risk and gives management structural flexibility to pursue exploration cycles and absorb setbacks. Over 2–6 months this durability supports continued operations and makes raising project-specific financing or partnerships easier without immediate covenant pressure.
Read all positive factors
Royal Road Minerals (RYR) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$58.89M
Dividend YieldN/A
Average Volume (3M)1.76M
Price to Earnings (P/E)―
Beta (1Y)2.27
Revenue GrowthN/A
EPS Growth53.78%
CountryCA
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding294,468,320
10 Day Avg. Volume80,847
30 Day Avg. Volume1,763,349
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)3.07
Price to Sales (P/S)0.00
P/FCF Ratio-9.02
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Royal Road Minerals Business Overview & Revenue Model
Company Description
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 Boac...
How the Company Makes Money
Royal Road Minerals generates revenue through the exploration and development of mineral properties, leading to the eventual sale of extracted minerals, primarily gold and copper. The company identifies promising mineral deposits, conducts explora...
Royal Road Minerals Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -85.74K | -52.12K | -62.37K | -68.17K | -44.35K | -14.11K |
| EBITDA | -3.18M | -2.59M | -14.73M | -9.22M | -13.07M | -6.57M |
| Net Income | -5.84M | -4.63M | -15.46M | -12.33M | 15.81M | -5.99M |
Balance Sheet | ||||||
| Total Assets | 5.55M | 9.83M | 14.27M | 28.06M | 39.66M | 20.06M |
| Cash, Cash Equivalents and Short-Term Investments | 3.95M | 7.98M | 13.29M | 21.11M | 29.02M | 10.38M |
| Total Debt | 11.97K | 44.37K | 79.19K | 110.08K | 146.06K | 0.00 |
| Total Liabilities | 168.25K | 314.79K | 366.36K | 974.62K | 944.48K | 177.96K |
| Stockholders Equity | 5.38M | 9.51M | 13.91M | 27.09M | 38.72M | 19.88M |
Cash Flow | ||||||
| Free Cash Flow | -3.85M | -3.24M | -6.96M | -9.31M | 17.79M | -3.79M |
| Operating Cash Flow | -3.57M | -3.14M | -6.94M | -8.85M | 17.91M | -3.75M |
| Investing Cash Flow | -2.86M | 4.10M | -7.44M | -534.74K | -121.80K | -38.31K |
| Financing Cash Flow | -47.48K | -45.51K | -43.64K | -41.81K | 639.48K | 10.99M |
Royal Road Minerals Technical Analysis
Positive
0.20
Price Trends
0.21
Negative
0.21
Negative
0.18
Positive
Market Momentum
>-0.01
Negative
51.56
Neutral
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:RYR, the sentiment is Positive. The current price of 0.2 is above the 20-day moving average (MA) of 0.19, below the 50-day MA of 0.21, and above the 200-day MA of 0.18, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 51.56 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:RYR.
Royal Road Minerals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
54 Neutral | C$44.25M | -29.36 | -6.44% | ― | ― | 1.39% | |
50 Neutral | C$58.89M | -14.01 | -71.61% | ― | ― | 53.78% | |
47 Neutral | C$126.32M | -24.83 | -277.38% | ― | ― | 35.45% | |
47 Neutral | C$29.82M | -13.22 | -15.36% | ― | ― | ― | |
47 Neutral | C$38.86M | -9.77 | -30.23% | ― | ― | 41.41% | |
45 Neutral | C$52.74M | -14.83 | -948.21% | ― | ― | -2000.00% |
* Basic Materials Sector Average
TSE:RYR
Royal Road Minerals
0.20
0.10
100.00%
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Royal Road Minerals Corporate Events
Business Operations and Strategy
Royal Road Secures 30-Year Chuscalita Mining Title and Starts Drilling in Colombia
Positive
Jan 12, 2026
Royal Road Minerals has secured the formal granting of the Chuscalita Mining Concession Contract in Colombia, converting its prior application into a 30-year title and triggering a US$150,000 payment to the local titleholders under an existing opt...
Business Operations and Strategy
Royal Road Minerals Advances Drilling Plans in Colombia and Expands License Portfolio in Saudi Arabia
Positive
Dec 22, 2025
Royal Road Minerals has outlined the next phase of work at its Guintar-Aleman-Margaritas project in Colombia, where it is finalizing drill locations and completing a drone-borne magnetic survey ahead of a drilling program slated to begin by the en...
Private Placements and Financing
Royal Road Minerals Raises $5 Million to Expand Drilling Programs
Positive
Nov 27, 2025
Royal Road Minerals has successfully closed a non-brokered private placement, raising $5 million through the issuance of 27,772,523 ordinary shares. The funds will be used to expand drilling programs in Colombia and Saudi Arabia. The offering attr...
Business Operations and Strategy
Royal Road Minerals Reports Positive Sampling Results at Ash Shajjah
Positive
Nov 17, 2025
Royal Road Minerals announced positive rock-chip channel sampling results from the Ash Shajjah prospect, part of its Jabal Sahabiyah gold exploration project in Saudi Arabia. The sampling has extended the known gold mineralization footprint to ove...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.