Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price fell 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 622,640 shares were traded 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 Price Performance
The company has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The stock’s 50-day moving average is C$0.03 and its 200-day moving average is C$0.05. The company has a current ratio of 0.25, a quick ratio of 0.61 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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