Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price fell 20% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 522,640 shares were traded during trading, a decline of 37% from the average session volume of 829,481 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The company’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.05. 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 market cap of C$7.16 million, a P/E ratio of -0.40 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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