Royal Helium Ltd. (CVE:RHC – Get Free Report) shares rose 25% during mid-day trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares were traded during trading, a decline of 70% from the average daily volume of 940,322 shares. The stock had previously closed at C$0.02.
Royal Helium Trading Down 20.0 %
The firm has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.05. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.
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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