Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 33.3% during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares traded hands during mid-day trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Down 33.3 %
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 stock has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The business has a 50-day simple moving average of C$0.04 and a two-hundred day simple 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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