Royal Helium (CVE:RHC) Stock Price Down 16.7% – Time to Sell?

by · The Cerbat Gem

Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price was down 16.7% during trading on Wednesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 846,500 shares changed hands during trading, an increase of 74% from the average daily volume of 486,746 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The stock has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.

About Royal Helium

(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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