Royal Helium (CVE:RHC) Stock Price Up 20% – What’s Next?

by · The Markets Daily

Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) rose 20% during trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares changed hands during trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The company has a market cap of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. 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 business’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.06.

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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