Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price shot up 25% during mid-day trading on Monday . 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 Performance
The company has a market cap of C$7.16 million, a price-to-earnings 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 firm has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.05.
Royal Helium Company Profile
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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