Royal Helium Ltd. (CVE:RHC – Get Free Report) was down 16.7% on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,243,166 shares changed hands during mid-day trading, an increase of 156% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Price 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 company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The stock’s 50-day moving average price is C$0.04 and its 200-day moving average price is C$0.06.
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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