Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price fell 20% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 622,640 shares were traded during mid-day trading, a decline of 26% from the average session volume of 839,481 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Down 20.0 %
The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The firm has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.05. The firm has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26.
About Royal Helium
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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