Royal Helium (CVE:RHC) Stock Price Down 20% – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price was down 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares changed hands during 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 Price Performance

The firm has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06. The firm has a market capitalization of C$7.16 million, a PE 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

(Get Free Report)

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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