Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price was down 20% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 115,846 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 603,538 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Down 20.0 %
The business’s 50-day moving average is C$0.04 and its two-hundred day moving average is C$0.06. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The firm has a market cap 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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