Royal Helium Ltd. (CVE:RHC – Get Free Report) shot up 12.5% during trading on Wednesday . The company traded as high as C$0.09 and last traded at C$0.09. 998,398 shares traded hands during mid-day trading, an increase of 93% from the average session volume of 518,082 shares. The stock had previously closed at C$0.08.
Royal Helium Trading Up 12.5 %
The stock’s fifty day moving average price is C$0.08 and its 200 day moving average price is C$0.14. The company has a debt-to-equity ratio of 71.58, a current ratio of 0.41 and a quick ratio of 0.61. The stock has a market capitalization of C$31.44 million, a P/E ratio of -2.25 and a beta of 2.43.
Royal Helium (CVE:RHC – Get Free Report) last posted its quarterly earnings results on Friday, May 17th. The company reported C($0.02) EPS for the quarter. The firm had revenue of C$0.82 million for the quarter.
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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