Royal Helium Ltd. (CVE:RHC – Get Free Report) shares were down 16.7% during trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Down 16.7 %
The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The firm’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.
About Royal Helium
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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