Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) were down 16.7% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares were traded during trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The company has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06. The stock has a market capitalization of C$8.95 million, a P/E ratio of -0.50 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.
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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