Royal Helium Ltd. (CVE:RHC – Get Free Report) shares dropped 16.7% on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares changed hands during trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Down 16.7 %
The stock’s fifty day moving average price is C$0.04 and its 200-day moving average price is C$0.06. 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 company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.
Royal Helium Company Profile
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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