Royal Helium (CVE:RHC) Trading Down 20% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares fell 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 300,477 shares traded hands during trading, a decline of 55% from the average session volume of 674,082 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The stock has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26. The company’s 50 day moving average is C$0.04 and its 200-day moving average is C$0.06.

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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