Royal Helium (CVE:RHC) Stock Price Down 16.7% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares fell 16.7% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 377,054 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 483,430 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

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

About Royal Helium

(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.

Further Reading

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