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

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price rose 25% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares were traded during mid-day 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 Down 20.0 %

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 quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The stock has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.05.

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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