Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price traded down 33.3% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 1,463,166 shares traded hands during trading, an increase of 202% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Up 25.0 %
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 company has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The stock’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.06.
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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