Royal Helium (CVE:RHC) Trading 20% Higher – Time to Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded up 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 117,125 shares traded hands during trading, a decline of 76% from the average session volume of 485,301 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Down 16.7 %

The stock has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The company’s 50 day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.

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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