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 Trading Down 16.7 %
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 firm has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The firm’s 50-day simple moving average is C$0.04 and its 200 day simple moving average is 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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