Royal Helium (CVE:RHC) Trading Down 33.3% – Should You Sell?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) traded down 33.3% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 1,463,166 shares changed hands during mid-day trading, an increase of 202% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Up 25.0 %

The stock’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.06. 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 market capitalization of C$8.95 million, a PE ratio of -0.50 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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