Royal Helium (CVE:RHC) Stock Price Down 33.3% – Time to Sell?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) dropped 33.3% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares were traded 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 Stock Performance

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 fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.06. The firm has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.

About Royal Helium

(Get Free Report)

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.

Read More

Receive News & Ratings for Royal Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Helium and related companies with MarketBeat.com's FREE daily email newsletter.