Royal Helium (CVE:RHC) Trading Up 25% – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares were up 25% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares traded hands during trading, a decline of 70% from the average daily volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Price Performance

The stock has a 50-day moving average price of C$0.03 and a 200 day moving average price of C$0.06. 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 firm has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.

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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