Royal Helium Ltd. (CVE:RHC – Get Free Report) shares were down 33.3% during mid-day 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 company’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.06. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The firm has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26.
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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