Royal Helium Ltd. (CVE:RHC – Get Free Report) fell 20% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. 522,640 shares changed hands during trading, a decline of 37% from the average session volume of 829,481 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The company’s 50-day moving average is C$0.03 and its two-hundred day moving average is C$0.05. The company has a market capitalization of C$7.16 million, a P/E 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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