Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price was down 20% during trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 622,640 shares changed hands during trading, a decline of 26% from the average daily volume of 839,481 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Down 20.0 %
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 company has a market cap of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26. The firm’s 50-day simple moving average is C$0.03 and its 200 day simple moving average is C$0.05.
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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