Royal Helium (CVE:RHC) Sets New 12-Month Low – Here’s Why

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 266565 shares changing hands. The stock had previously closed at C$0.04.

Royal Helium Stock Performance

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 capitalization of C$12.52 million, a PE ratio of -0.80 and a beta of 2.26. The stock’s fifty day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06.

Royal Helium Company Profile

(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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