Royal Helium (CVE:RHC) Stock Price Up 20% – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded up 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 157,900 shares changed hands during trading, a decline of 67% from the average session volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Up 20.0 %

The stock has a market cap of C$10.73 million, a P/E ratio of -0.60 and a beta of 2.26. The company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. 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

(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.

Further Reading

Receive News & Ratings for Royal Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Helium and related companies with MarketBeat.com's FREE daily email newsletter.