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

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price shot up 20% on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. 157,900 shares were traded during 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 Stock Up 20.0 %

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 stock has a market cap of C$10.73 million, a P/E ratio of -0.60 and a beta of 2.26. The firm has a 50-day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.06.

About Royal Helium

(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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