Royal Helium Ltd. (CVE:RHC – Get Free Report) shot up 20% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 157,900 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The firm’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The firm has a market cap of C$8.95 million, a PE 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.
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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