Royal Helium Ltd. (CVE:RHC – Get Free Report) was up 25% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 281,494 shares traded hands during mid-day trading, a decline of 70% from the average daily volume of 939,697 shares. The stock had previously closed at C$0.02.
Royal Helium Price Performance
The business has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.05. The stock has a market cap of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26. The company has a current ratio of 0.25, a quick ratio of 0.61 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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