Royal Helium (CVE:RHC) Stock Price Up 25% – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price shot up 25% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. 286,494 shares were traded during trading, a decline of 70% from the average session volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Stock Performance

The firm has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The stock has a 50-day moving average of C$0.03 and a 200-day moving average of C$0.05. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25.

Royal Helium Company Profile

(Get Free Report)

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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