Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) were down 20% on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares were traded 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 Stock Down 20.0 %
The company has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.06. 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 has a market capitalization of C$7.16 million, a price-to-earnings 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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