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

Royal Helium Ltd. (CVE:RHCGet Free Report) shares fell 16.7% during trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 233,144 shares changed hands during trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 16.7 %

The company has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06. 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 market cap of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26.

About Royal Helium

(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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