Royal Helium (CVE:RHC) Shares Up 20% – Time to Buy?

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

Royal Helium Trading Up 20.0 %

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

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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