Royal Helium (CVE:RHC) Shares Down 20% – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) dropped 20% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 674,082 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The stock has a market capitalization of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26. The company’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The company has a current ratio of 0.25, a quick ratio of 0.61 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.

Recommended Stories

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.