Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 20% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 512,640 shares changed hands during trading, a decline of 38% from the average daily volume of 828,481 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Down 20.0 %
The stock has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The firm’s 50-day moving average is C$0.03 and its 200 day moving average is C$0.05. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61.
Royal Helium Company Profile
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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