Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) rose 25% during mid-day trading on Tuesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares traded hands during mid-day 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 Stock Down 20.0 %
The business’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.05. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. 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.
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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