Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) fell 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 300,477 shares changed hands during trading, a decline of 55% from the average session 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’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.
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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