Royal Helium (CVE:RHC) Hits New 1-Year Low – Here’s What Happened

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 99201 shares changing hands. The stock had previously closed at C$0.03.

Royal Helium Stock Down 20.0 %

The firm’s 50-day simple moving average is C$0.04 and its 200-day simple moving average is C$0.06. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The company has a market capitalization of C$7.16 million, a price-to-earnings ratio of -0.40 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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