Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price was down 20% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares were traded during trading, a decline of 55% from the average daily volume of 674,082 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The stock has a market capitalization of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The firm has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.06.
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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