Royal Helium (CVE:RHC) Trading Down 16.7% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded down 16.7% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. 193,144 shares changed hands during trading, a decline of 60% from the average session volume of 484,283 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The business has a 50 day moving average price of C$0.04 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 stock has a market capitalization of C$8.95 million, a PE 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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