Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) were up 20% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The company has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The firm’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is 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.
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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