Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) were up 5.6% during trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 854,950 shares traded hands during mid-day trading, an increase of 65% from the average daily volume of 516,894 shares. The stock had previously closed at C$0.09.
Royal Helium Price Performance
The company has a quick ratio of 0.61, a current ratio of 0.41 and a debt-to-equity ratio of 71.58. The company’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.14. The firm has a market capitalization of C$31.44 million, a price-to-earnings ratio of -2.25 and a beta of 2.43.
Royal Helium (CVE:RHC – Get Free Report) last released its quarterly earnings results on Friday, May 17th. The company reported C($0.02) EPS for the quarter. The company had revenue of C$0.82 million for the quarter.
About Royal Helium
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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