Royal Helium (CVE:RHC) Shares Down 16.7% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price traded down 16.7% on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 233,144 shares were traded during trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The company has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The stock’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 debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61.

About Royal Helium

(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.

Further Reading

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