Royal Helium Ltd. (CVE:RHC – Get Free Report) shot 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 Price Performance
The firm has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06. 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 stock has a market capitalization of C$10.73 million, a P/E ratio of -0.60 and a beta of 2.26.
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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