Royal Helium (CVE:RHC) Trading Up 20% – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report) rose 20% during mid-day trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 117,125 shares changed hands during trading, a decline of 76% from the average daily volume of 485,297 shares. The stock had previously closed at C$0.03.

Royal Helium Trading 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 firm 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 market capitalization of C$10.73 million, a price-to-earnings ratio of -0.60 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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