Royal Helium (CVE:RHC) Stock Price Down 33.3% – What’s Next?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) were down 33.3% during mid-day 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 fifty day moving average of C$0.04 and a 200-day moving average of C$0.06. The company 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 has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89.

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.

See Also

Receive News & Ratings for Royal Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Helium and related companies with MarketBeat.com's FREE daily email newsletter.