Royal Helium Ltd. (CVE:RHC – Get Free Report) shares fell 20% during mid-day trading on Monday . The stock traded as low as C$0.02 and last traded at C$0.02. 115,846 shares changed hands during trading, a decline of 81% from the average session volume of 603,538 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The stock’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.06. The firm has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25.
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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