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

Royal Helium Ltd. (CVE:RHCGet Free Report) shares hit a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 494000 shares changing hands. The stock had previously closed at C$0.05.

Royal Helium Price Performance

The stock has a fifty day simple moving average of C$0.06 and a two-hundred day simple moving average of C$0.07. The company has a market cap of C$14.31 million, a PE ratio of -0.80 and a beta of 2.26. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89.

Royal Helium (CVE:RHCGet Free Report) last issued its quarterly earnings data on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$0.72 million during the quarter.

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.

Further Reading

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