Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) shot up 25% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 286,494 shares were traded during mid-day trading, a decline of 70% from the average session volume of 940,322 shares. The stock had previously closed at C$0.02.
Royal Helium Stock Performance
The firm has a market cap of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26. 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 stock’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.05.
About Royal Helium
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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