Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price dropped 33.3% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares were traded during 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 Stock Up 25.0 %
The stock has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 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. The firm’s 50 day moving average is C$0.04 and its two-hundred day moving average 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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