Royal Helium (CVE:RHC) Trading 20% Higher – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price was up 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 117,125 shares were traded during trading, a decline of 76% from the average daily volume of 485,301 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

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 50-day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06. The firm has a market cap of C$10.73 million, a PE ratio of -0.60 and a beta of 2.26.

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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