Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) were down 33.3% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares traded hands during trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Down 33.3 %
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 firm has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.06. The firm has a market capitalization of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26.
About Royal Helium
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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