Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price was up 20% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
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. The stock has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.
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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