Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price traded up 11.1% during trading on Friday . The company traded as high as C$0.05 and last traded at C$0.05. 394,471 shares changed hands during trading, a decline of 25% from the average session volume of 528,907 shares. The stock had previously closed at C$0.05.
Royal Helium Stock Down 11.1 %
The company has a market cap of C$14.31 million, a P/E ratio of -0.80 and a beta of 2.29. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The firm’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.11.
Insider Activity
In other news, Senior Officer David Thomas Young sold 1,095,208 shares of the firm’s stock in a transaction dated Tuesday, August 6th. The shares were sold at an average price of C$0.07, for a total value of C$71,188.52. Insiders own 3.25% of the company’s stock.
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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