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

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price fell 20% during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. 300,477 shares were traded during mid-day trading, a decline of 55% from the average session volume of 674,082 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The company has a market cap of C$7.16 million, a P/E 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. The company has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.06.

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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