Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) traded down 16.7% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 233,144 shares changed hands during trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
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 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 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.06.
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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