Royal Helium (CVE:RHC) Hits New 1-Year Low – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 266565 shares. The stock had previously closed at C$0.04.

Royal Helium Trading Down 12.5 %

The company has a market cap of C$12.52 million, a price-to-earnings ratio of -0.80 and a beta of 2.26. The firm has a 50-day moving average price of C$0.05 and a 200 day moving average price of C$0.06. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89.

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.

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