Royal Helium (CVE:RHC) Trading Up 20% – What’s Next?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) shot up 20% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 157,900 shares traded hands during trading, a decline of 67% from the average session volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The stock has a market cap of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The stock’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.06. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61.

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.

Further Reading

Receive News & Ratings for Royal Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Helium and related companies with MarketBeat.com's FREE daily email newsletter.