Royal Helium (CVE:RHC) Stock Price Down 16.7% – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price was down 16.7% during trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares changed hands during mid-day trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The firm has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The firm has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06.

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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