Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price was down 20% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 522,640 shares changed hands during mid-day trading, a decline of 37% from the average daily volume of 829,481 shares. The stock had previously closed at C$0.03.
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 firm has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26. The stock’s 50 day moving average price is C$0.03 and its 200 day moving average price 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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