Royal Helium Ltd. (CVE:RHC – Get Free Report) shares rose 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares changed hands during trading, a decline of 70% from the average daily volume of 940,322 shares. The stock had previously closed at C$0.02.
Royal Helium Stock Performance
The company has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26. 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 business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.05.
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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