Royal Helium (CVE:RHC) Shares Down 33.3% – Should You Sell?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) were down 33.3% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares traded hands during mid-day trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Up 25.0 %

The stock 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 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.

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