Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price was down 33.3% 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 mid-day 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 Trading Up 25.0 %
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 company has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The company’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.06.
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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