Royal Helium (CVE:RHC) Stock Price Down 16.7% – Should You Sell?

by · The Cerbat Gem

Royal Helium Ltd. (CVE:RHC – Get Free Report) shares traded down 16.7% on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 233,144 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 16.7 %

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 has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06. The firm has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.

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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