Royal Helium Ltd. (CVE:RHC – Get Free Report) shot up 25% during trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 286,494 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 940,322 shares. The stock had previously closed at C$0.02.
Royal Helium Trading Down 20.0 %
The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The company has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company’s fifty day moving average is C$0.03 and its two-hundred day 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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