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

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price traded up 20% during trading on Friday . 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 Trading Up 20.0 %

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. 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 business has a 50 day simple moving average of C$0.04 and a 200 day simple 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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