Royal Helium Ltd. (CVE:RHC – Get Free Report) fell 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 622,640 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 839,481 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The stock has a market capitalization of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. 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 company’s 50 day moving average is C$0.03 and its 200 day moving average is C$0.05.
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.
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