Royal Helium (CVE:RHC) Sets New 12-Month Low – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 27129 shares trading hands. The stock had previously closed at C$0.04.

Royal Helium Price Performance

The firm has a market cap of C$14.31 million, a PE ratio of -0.70 and a beta of 2.26. The stock’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.07. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25.

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.

Further Reading

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