Royal Helium (CVE:RHC) Stock Price Up 25% – Here’s Why

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) were up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares traded hands during trading, a decline of 70% from the average daily volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Trading Up 25.0 %

The company has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.05. 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 stock has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.

Royal Helium Company Profile

(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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