Royal Helium (CVE:RHC) Shares Up 25% – Still a Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price was up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Stock Up 25.0 %

The firm has a market cap of C$8.95 million, a PE 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. The firm’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.05.

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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