Royal Helium (CVE:RHC) Stock Price Down 33.3% – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) was 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 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 Trading Up 25.0 %

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 firm has a market capitalization 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.

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.

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