Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price was down 16.7% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,243,166 shares traded hands during trading, an increase of 156% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The business’s fifty day moving average is C$0.04 and its 200 day moving average is C$0.06. The company has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89.
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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