Royal Helium Ltd. (CVE:RHC – Get Free Report) shares rose 25% during mid-day trading on Tuesday . The stock 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 Stock Performance
The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.05.
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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