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

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 266565 shares trading hands. The stock had previously closed at C$0.04.

Royal Helium Trading Down 12.5 %

The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The firm has a fifty day moving average of C$0.05 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$12.52 million, a PE ratio of -0.80 and a beta of 2.26.

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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