Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price dropped 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 622,640 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 839,481 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
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 company has a 50 day simple moving average of C$0.03 and a 200-day simple moving average of C$0.05. The stock has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26.
Royal Helium Company Profile
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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