Royal Helium (CVE:RHC) Stock Price Up 20% – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price was up 20% during mid-day trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Price 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 fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.06. The company has a market capitalization of C$10.73 million, a PE ratio of -0.60 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.

Further Reading

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