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

Royal Helium Ltd. (CVE:RHCGet Free Report) shares fell 16.7% on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. 233,144 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 16.7 %

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

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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