Royal Helium (CVE:RHC) Shares Down 20% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report) fell 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 300,477 shares were traded during trading, a decline of 55% from the average session volume of 674,082 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Down 20.0 %

The firm’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.06. The firm has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61.

Royal Helium Company Profile

(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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