Royal Helium (CVE:RHC) Trading Up 25% – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report) was up 25% on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares changed hands during 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 Trading Down 20.0 %

The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The firm has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.05.

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.

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