Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) rose 20% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares were traded during trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The firm has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.06. 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 stock has a market cap of C$8.95 million, a PE ratio of -0.50 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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