Royal Helium Ltd. (CVE:RHC – Get Free Report) was down 20% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 622,640 shares changed hands during trading, a decline of 26% from the average daily volume of 839,481 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
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 fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.05. The firm has a market capitalization of C$7.16 million, a P/E 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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