Royal Helium Ltd. (CVE:RHC – Get Free Report) traded down 20% during mid-day trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 300,477 shares changed 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 stock has a 50 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$7.16 million, a price-to-earnings ratio of -0.40 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.
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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