Royal Helium (CVE:RHC) Stock Price Down 16.7% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price was down 16.7% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 193,144 shares traded hands during trading, a decline of 60% from the average daily volume of 484,056 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Down 16.7 %

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 capitalization of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The stock’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.06.

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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