Royal Helium (CVE:RHC) Trading Down 16.7% – What’s Next?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) were down 16.7% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 385,054 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 483,689 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

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 stock’s fifty day moving average is C$0.04 and its two-hundred day moving average is 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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