Royal Helium Ltd. (CVE:RHC – Get Free Report) fell 20% on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 622,640 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 839,481 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The business has a 50 day moving average price of C$0.03 and a 200-day moving average price of C$0.05. The firm has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.
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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