Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Royal Road Minerals Limited (V:RYR)

Business Focus: Diversified Mining

Sector:  Basic Materials Industry:  Diversified Mining
 
Company Contact
Address: Ground Floor
Portman House, 32 Hue Street
SAINT HELIER JE2 3RE
Tel: N/A
Website: https://www.royalroadminerals.com
IR: See website
Key People
Timothy James Coughlin
President, Chief Executive Officer, Director
Cindy Christina Davis
Chief Financial Officer
Ivan Devia Manchola
Chief Operating Officer
Luis Puerto
Vice President - Corporate Administration
Mauricio Valencia
Chief Geologist
 
Business Overview
Royal Road Minerals Limited is a Jersey-based gold and copper exploration and development company. The Company advances its exploration programs either solely or in joint venture relationships with local and international mining companies and it holds exploration licenses in both Colombia and Nicaragua. The Company's projects include Caribe Nicaragua, Oro-Fino Nicaragua, Nueva America Nicaragua, Silvi Nicaragua, Murcielago Nicaragua, Guintar-Niverengo-Margaritas Colombia, Bambanita Nicaragua, Los Andes Nicaragua, La Merced Colombia, Rio Nulpe Colombia, La LLanada Colombia, El Molino Colombia, Piedra Iman Nicaragua and San Pedrito Colombia. The Caribe gold project is located in Nicaragua's North Caribbean Coast Autonomous region, close to the historic mining town of Rosita and 30 kilometers (km) to the southeast of Bonanza. The Oro-Fino Gold and Silver project forms part of the Los Milagros District and is located in Nicaragua's North Caribbean Coast Autonomous region.
Financial Overview
For the nine months ended 30 September 2023, Royal Road Minerals Ltd revenues was not reported. Net loss increased 11% to C$6M. Higher net loss reflects Foreign exchange gain (loss) decrease from C$1.7M (income) to C$318K (expense), Exploration and evaluation expenditures increase of 81% to C$2.6M (expense), Stock based compensation increase of 5% to C$552K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $5.60M as of Sep 30, 2023
Annual revenue (TTM): $0.00M as of Sep 30, 2023
EBITDA (TTM): -$7.96M as of Sep 30, 2023
Net annual income (TTM): -$12.94M as of Sep 30, 2023
Free cash flow (TTM): -$9.11M as of Sep 30, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 265,695,801 as of Sep 30, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization