Royal Helium (CVE:RHC) Sets New 52-Week Low – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03, with a volume of 218400 shares traded. The stock had previously closed at C$0.03.

Royal Helium Stock Down 16.7 %

The firm’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.06. The company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25.

About Royal Helium

(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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