Royal Helium (CVE:RHC) Trading Down 33.3% – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price fell 33.3% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 1,463,166 shares traded hands during trading, an increase of 202% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 33.3 %

The firm has a 50-day simple moving average of C$0.04 and a 200-day simple moving average of 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 stock has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26.

Royal Helium Company Profile

(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.

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