Royal Helium (CVE:RHC) Trading Down 20% – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report) shares fell 20% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. 622,640 shares changed hands during trading, a decline of 26% from the average session volume of 839,481 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 20.0 %

The firm has a market capitalization of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26. The business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.05. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.

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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