Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price traded down 33.3% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 1,463,166 shares were traded during mid-day 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 Price Performance
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 company has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.06. The stock has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26.
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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