Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price dropped 33.3% during trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares traded hands 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$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The firm has a 50-day moving average of C$0.04 and a two-hundred day 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.
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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