Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 115,846 shares changed hands during mid-day trading, a decline of 81% from the average daily volume of 603,538 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The firm has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 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. The firm’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.06.
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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