Royal Helium (CVE:RHC) Hits New 12-Month Low – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 218400 shares trading hands. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The business has a 50-day moving average price of C$0.04 and a 200-day moving average price 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. The firm has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.

Royal Helium Company Profile

(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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