Royal Helium Ltd. (CVE:RHC – Get Free Report) shares were down 20% during trading on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares were traded during trading, a decline of 55% from the average daily volume of 674,082 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The stock’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.06. The firm has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.
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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