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

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) fell 33.3% 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 Stock Up 25.0 %

The stock’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 current ratio of 0.25 and a quick ratio of 0.61. The company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.

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.

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