Royal Helium (CVE:RHC) Shares Down 6.7%

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) dropped 6.7% during mid-day trading on Monday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 28,137 shares changed hands during trading, a decline of 95% from the average daily volume of 516,665 shares. The stock had previously closed at C$0.08.

Royal Helium Stock Performance

The company has a current ratio of 0.41, a quick ratio of 0.61 and a debt-to-equity ratio of 71.58. The firm has a market capitalization of C$24.46 million, a price-to-earnings ratio of -1.75 and a beta of 2.43. The company has a 50-day moving average of C$0.09 and a 200-day moving average of C$0.15.

Royal Helium (CVE:RHCGet Free Report) last posted its quarterly earnings results on Friday, May 17th. The company reported C($0.02) earnings per share (EPS) for the quarter. The company had revenue of C$0.82 million during the quarter.

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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