Royal Helium (CVE:RHC) Shares Up 20% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report) traded up 20% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. 157,900 shares changed 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 Trading Down 16.7 %

The company has a fifty day moving average of C$0.04 and a 200-day moving average of C$0.06. 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 firm has a market capitalization of C$8.95 million, a PE ratio of -0.50 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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