Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) shot up 20% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 157,900 shares changed hands during trading, a decline of 67% from the average session volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Up 20.0 %
The business’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06. The firm has a market capitalization of C$10.73 million, a price-to-earnings ratio of -0.60 and a beta of 2.26. 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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