Royal Helium (CVE:RHC) Trading 20% Higher – Here’s What Happened

by · The Markets Daily

Royal Helium Ltd. (CVE:RHC – Get Free Report) shares shot up 20% during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 157,900 shares were traded during trading, a decline of 67% from the average session volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.06. The company has a market cap of C$8.95 million, a P/E ratio of -0.50 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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