Royal Helium (CVE:RHC) Shares Down 16.7% – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares were down 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,243,166 shares were traded during trading, an increase of 156% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Price 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 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 fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06.

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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