Royal Helium (CVE:RHC) Reaches New 12-Month Low – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 32361 shares traded. The stock had previously closed at C$0.04.

Royal Helium Stock Down 11.1 %

The company has a market capitalization of C$14.31 million, a PE ratio of -0.80 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The company’s 50-day moving average is C$0.05 and its 200 day moving average is C$0.07.

Royal Helium (CVE:RHCGet Free Report) last issued its earnings results on Wednesday, August 28th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$0.72 million during the quarter.

Royal Helium Company Profile

(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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