Royal Helium (CVE:RHC) Shares Down 20% – Should You Sell?

Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) traded down 20% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 522,640 shares changed hands 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 Price Performance

The company has a 50 day moving average of C$0.03 and a two-hundred day moving average of C$0.05. The firm has a market cap of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.

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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