Royal Helium (CVE:RHC) Trading Down 33.3% – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) fell 33.3% 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 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 debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The firm has a 50 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 capitalization of C$8.95 million, a P/E 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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