Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 33.3% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares were traded during trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The company has a market capitalization of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company has a 50 day moving average price of C$0.04 and a 200 day moving average price of 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.
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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