Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price rose 20% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares changed hands during mid-day 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 company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is 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 firm has a market capitalization of C$10.73 million, a PE ratio of -0.60 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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