Royal Helium Ltd. (CVE:RHC – Get Free Report) shares were up 20% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The company has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The business has a fifty day moving average price of C$0.04 and a 200 day moving average price 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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