Royal Helium Ltd. (CVE:RHC – Get Free Report) fell 33.3% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 1,463,166 shares changed hands during trading, an increase of 202% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The firm’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.06. The company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. 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
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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