Royal Helium Ltd. (CVE:RHC – Get Free Report) rose 25% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares were traded during trading, a decline of 70% from the average daily volume of 940,322 shares. The stock had previously closed at C$0.02.
Royal Helium Stock Down 20.0 %
The firm’s fifty day moving average price is C$0.03 and its two-hundred day moving average price is C$0.05. 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 debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61.
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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