Royal Helium (CVE:RHC) Shares Down 16.7% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares fell 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 1,107,166 shares traded hands during trading, an increase of 128% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Up 25.0 %

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

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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