Royal Helium (CVE:RHC) Shares Up 20% – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price was up 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares changed hands during trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Up 20.0 %

The stock has a market capitalization of C$10.73 million, a price-to-earnings ratio of -0.60 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 firm has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.06.

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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