Royal Helium (CVE:RHC) Stock Price Up 20% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares traded up 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 157,900 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 485,466 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 firm’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The company has a market capitalization of C$10.73 million, a price-to-earnings ratio of -0.60 and a beta of 2.26.

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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