Royal Helium (CVE:RHC) Trading Down 20% – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares fell 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 622,640 shares were traded during trading, a decline of 26% from the average session volume of 839,481 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

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 stock’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.05. The stock has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 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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