Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) were down 33.3% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares changed hands during trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The firm has a market cap of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26. The stock’s 50-day moving average is C$0.04 and its 200-day moving average is 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.
Royal Helium Company Profile
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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