Royal Helium (CVE:RHC) Sets New 1-Year Low – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price reached a new 52-week low during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.05, with a volume of 494000 shares traded. The stock had previously closed at C$0.05.

Royal Helium Stock Performance

The firm has a market capitalization of C$14.31 million, a price-to-earnings ratio of -0.80 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The firm has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.07.

Royal Helium (CVE:RHCGet Free Report) last posted its earnings results on Wednesday, August 28th. The company reported C($0.01) EPS for the quarter. The company had revenue of C$0.72 million during the quarter.

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.

Further Reading

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