Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price fell 20% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 622,640 shares traded hands during mid-day trading, a decline of 26% from the average session volume of 839,481 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The firm’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.05. 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 capitalization of C$7.16 million, a P/E 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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