Royal Helium (CVE:RHC) Shares Up 20% – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price traded up 20% during trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 102,747 shares were traded during mid-day trading, a decline of 79% from the average session volume of 482,906 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The business has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06. The stock has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26.

About Royal Helium

(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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