Royal Helium (CVE:RHC) Trading Up 18.2%

Royal Helium Ltd. (CVE:RHC) shot up 18.2% during mid-day trading on Monday . The company traded as high as C$0.07 and last traded at C$0.07. 1,287,186 shares changed hands during trading, an increase of 141% from the average session volume of 534,959 shares. The stock had previously closed at C$0.06.

Royal Helium Trading Up 9.1 %

The business has a fifty day moving average price of C$0.07 and a 200-day moving average price of C$0.10. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The company has a market cap of C$21.47 million, a P/E ratio of -1.20 and a beta of 2.19.

Royal Helium (CVE:RHC) last released its quarterly earnings results on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$0.72 million during the quarter.

Insider Transactions at Royal Helium

In related news, Senior Officer David Thomas Young sold 1,095,208 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was sold at an average price of C$0.07, for a total value of C$71,188.52. Insiders own 3.25% of the company’s stock.

Royal Helium Company Profile

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.