Royal Helium (CVE:RHC) Shares Up 20% – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price was up 20% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 117,125 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 485,301 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Up 20.0 %

The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The business has a fifty day moving average of C$0.04 and a two-hundred day moving average of C$0.06. The company has a market cap of C$10.73 million, a price-to-earnings ratio of -0.60 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.

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