Royal Helium (CVE:RHC) Trading Up 25% – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price traded up 25% on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 286,494 shares traded hands during trading, a decline of 70% from the average session volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Stock Up 25.0 %

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 has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The company has a 50 day moving average of C$0.03 and a 200-day moving average of C$0.05.

Royal Helium Company Profile

(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.

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