Royal Helium (CVE:RHC) Trading 20% Higher – Should You Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price rose 20% during trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares changed hands during trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The firm’s 50 day moving average is C$0.04 and its 200 day moving average is C$0.06. The firm has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61.

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.

Further Reading

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