Royal Helium (CVE:RHC) Shares Down 33.3% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded down 33.3% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 1,463,166 shares traded hands during mid-day trading, an increase of 202% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The business’s fifty day moving average is C$0.04 and its two-hundred day moving average is C$0.06. The stock has a market capitalization of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26.

Royal Helium Company Profile

(Get Free Report)

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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