Royal Helium Ltd. (CVE:RHC – Get Free Report) shares dropped 16.7% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares traded hands during trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The company has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.06. 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 stock has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.
Royal Helium Company Profile
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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