Royal Helium (CVE:RHC) Reaches New 52-Week Low – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 583379 shares changing hands. The stock had previously closed at C$0.05.

Royal Helium Stock Up 12.5 %

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 company has a market capitalization of C$16.10 million, a price-to-earnings ratio of -0.90 and a beta of 2.26. The business’s 50-day moving average is C$0.06 and its 200-day moving average is C$0.07.

Royal Helium (CVE:RHCGet Free Report) last announced its quarterly earnings data on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$0.72 million for the quarter.

About Royal Helium

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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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