Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price dropped 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 622,640 shares traded hands during trading, a decline of 26% from the average daily volume of 839,481 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The company has a market cap of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26. 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 stock has a 50-day moving average of C$0.03 and a 200 day moving average of C$0.05.
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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