Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) traded down 20% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 300,477 shares were traded during mid-day trading, a decline of 55% from the average session volume of 674,082 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The business has a 50 day moving average price of C$0.04 and a 200-day moving average price of C$0.06. The company has a market capitalization of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26.
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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