Royal Helium (CVE:RHC) Trading Down 20% – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded down 20% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 300,477 shares traded hands during trading, a decline of 55% from the average session volume of 674,082 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The company has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26. 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 company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61.

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.

Further Reading

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