Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 20% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 674,082 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The company has a market capitalization of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The company has a 50 day moving average price of C$0.04 and a 200 day moving average price of C$0.06.
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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