Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 33.3% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares were traded during trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The firm’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.06. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The stock has a market capitalization of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26.
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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