Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 20% on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares traded hands 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 Performance
The stock 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 current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The firm has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of 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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