Royal Helium (CVE:RHC) Trading Up 20% – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report) traded up 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 157,900 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 485,405 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The company has a market cap of C$10.73 million, a PE ratio of -0.60 and a beta of 2.26. The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.

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.

Further Reading

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