Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 16.7% during trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares traded hands during trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The firm has a market capitalization of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The firm’s fifty day moving average price is C$0.04 and its 200 day moving average price is C$0.06. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89.
About Royal Helium
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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