Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 33.3% on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares traded hands during trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Down 33.3 %
The stock has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06. The company 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 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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