Royal Helium (CVE:RHC) Trading Up 20% – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report) shot up 20% during mid-day trading on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 102,747 shares changed hands during 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 Price Performance

The business’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The firm has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 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.

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.

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