Royal Helium (CVE:RHC) Shares Down 16.7% – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report) shares fell 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. 233,144 shares were traded during mid-day trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The company has a market capitalization of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The company’s 50 day moving average price is C$0.04 and its 200-day moving average price is C$0.06.

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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