Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price dropped 33.3% during trading on Thursday . The stock 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 fifty day moving average of C$0.04 and a 200 day moving average of 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. The company has a market capitalization of C$7.16 million, a P/E ratio of -0.40 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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