Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 674,082 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Down 20.0 %
The business has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of 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. The stock has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26.
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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