Royal Helium Ltd. (CVE:RHC – Get Free Report) shares shot up 20% 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 stock has a market capitalization of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The stock’s 50 day moving average price is C$0.04 and its 200-day moving average price is 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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