Royal Helium (CVE:RHC) Trading Up 20% – Still a Buy?

by · The Markets Daily

Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price was up 20% during trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 117,125 shares traded hands during trading, a decline of 76% from the average daily volume of 485,297 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Down 16.7 %

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 firm has a 50-day moving average of C$0.04 and a 200 day moving average of C$0.06. The company has a current ratio of 0.25, a quick ratio of 0.61 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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