Royal Helium (CVE:RHC) Shares Down 20% – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) fell 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 300,477 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 674,082 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The business has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.06. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The stock has a market capitalization of C$7.16 million, a PE ratio of -0.40 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.

See Also

Receive News & Ratings for Royal Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Helium and related companies with MarketBeat.com's FREE daily email newsletter.