Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price rose 20% during trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares changed hands during trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Down 16.7 %
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 stock has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The business has a 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06.
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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