Royal Helium (CVE:RHC) Shares Up 20% – Still a Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded up 20% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 157,900 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 16.7 %

The company has a 50-day moving average of C$0.04 and a 200 day moving average 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 company has a market cap 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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