Royal Helium (CVE:RHC) Shares Up 20% – Time to Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price traded up 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 157,900 shares were traded during mid-day 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 Trading Up 20.0 %

The firm has a market capitalization of C$10.73 million, a PE ratio of -0.60 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. The company’s 50-day simple moving average is C$0.04 and its 200 day simple 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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