Royal Helium (CVE:RHC) Trading 25% Higher – Still a Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded up 25% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 286,494 shares changed hands during trading, a decline of 70% from the average session volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Price Performance

The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The business has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.05. The firm has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26.

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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