Royal Helium Ltd. (CVE:RHC – Get Free Report) was down 33.3% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares changed hands 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 Price Performance
The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The business’s 50 day moving average price is C$0.04 and its 200 day moving average price is C$0.06. The stock has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26.
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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