Royal Helium Ltd. (CVE:RHC – Get Free Report) shares dropped 33.3% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares were traded during 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 Trading Up 25.0 %
The firm has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The business has a 50-day moving average price of C$0.04 and a 200-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.
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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