Royal Helium (CVE:RHC) Sets New 52-Week Low – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 99201 shares trading hands. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The stock has a market capitalization of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The stock has a fifty 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.

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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