Royal Helium Ltd. (CVE:RHC – Get Free Report) fell 33.3% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 1,463,166 shares were traded during mid-day trading, an increase of 202% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The firm’s fifty day moving average is C$0.04 and its 200 day moving average is C$0.06. The firm has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. 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
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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