Royal Helium (CVE:RHC) Sets New 12-Month Low – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.03, with a volume of 2353240 shares trading hands. The stock had previously closed at C$0.04.

Royal Helium Stock Performance

The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The company has a market capitalization of C$12.52 million, a PE ratio of -0.70 and a beta of 2.26. The stock has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.06.

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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