Royal Helium (CVE:RHC) Hits New 1-Year Low – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price hit a new 52-week low during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 57194 shares changing hands. 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 current ratio of 0.25 and a quick ratio of 0.61. The company has a market capitalization of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The firm has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.05.

About Royal Helium

(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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