Royal Helium (CVE:RHC) Sets New 52-Week Low – Should You Sell?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 99201 shares trading hands. The stock had previously closed at C$0.03.

Royal Helium Stock Down 20.0 %

The business’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.06. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The stock has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 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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