Royal Helium (CVE:RHC) Shares Down 16.7% – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price dropped 16.7% during trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

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’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The firm has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.

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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