Royal Helium (CVE:RHC) Shares Down 16.7% – Time to Sell?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) traded down 16.7% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 233,144 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The stock has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The company has a 50 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.

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