Royal Helium (CVE:RHC) Shares Up 20% – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report) shares were up 20% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Up 20.0 %

The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The stock has a 50 day moving average of C$0.04 and a 200 day moving average of C$0.06. The firm has a market cap of C$10.73 million, a P/E ratio of -0.60 and a beta of 2.26.

About Royal Helium

(Get Free Report)

Royal Helium Ltd. engages in the exploration and development of helium properties in Canada. It holds approximately 1,000,000 acres of prospective helium land across southern Saskatchewan and southeastern Alberta. The company is headquartered in Saskatoon, Canada.

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