Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price dropped 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,243,166 shares were traded during mid-day trading, an increase of 156% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Up 25.0 %
The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The stock has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The firm’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06.
About Royal Helium
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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