Royal Helium (CVE:RHC) Stock Price Up 25% – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded up 25% during mid-day trading on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 286,494 shares were traded during mid-day trading, a decline of 70% from the average session volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Trading Up 25.0 %

The firm has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The business’s 50 day moving average is C$0.03 and its two-hundred day moving average is C$0.05. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.

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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