Royal Helium (CVE:RHC) Trading Down 16.7% – What’s Next?

by · The Markets Daily

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

Royal Helium Trading Down 16.7 %

The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The stock has a 50-day moving average of C$0.04 and a two-hundred 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.

Royal Helium Company Profile

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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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