Royal Helium (CVE:RHC) Stock Price Up 25% – Here’s Why

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

Royal Helium Stock Up 25.0 %

The stock has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.05. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The company has a market capitalization of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26.

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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