Royal Helium (CVE:RHC) Trading 20% Higher – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report) was up 20% during mid-day trading on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares changed hands during trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Up 20.0 %

The business has a fifty day moving average price of C$0.04 and a 200 day moving average price of C$0.06. The firm has a market cap of C$10.73 million, a PE ratio of -0.60 and a beta of 2.26. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89.

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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