Royal Helium (CVE:RHC) Shares Down 16.7% – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded down 16.7% during trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 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 company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The firm has a 50-day moving average price of C$0.04 and a 200 day moving average price of C$0.06. The firm has a market capitalization of C$8.95 million, a PE 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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