Royal Helium (CVE:RHC) Trading 25% Higher – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price rose 25% during mid-day trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares were traded during mid-day trading, a decline of 70% from the average daily volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Trading Up 25.0 %

The company has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. 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 firm’s 50-day moving average price is C$0.03 and its 200 day moving average price is C$0.05.

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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