Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price dropped 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,243,166 shares changed hands during trading, an increase of 156% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Down 16.7 %
The company has a fifty day moving average of C$0.04 and a two-hundred day 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. 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.
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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