Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price traded down 16.7% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares changed hands during trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The stock’s 50-day moving average is C$0.04 and its 200-day moving average is C$0.06. 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$8.95 million, a price-to-earnings 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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