Royal Helium (CVE:RHC) Stock Price Down 33.3% – Time to Sell?

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

Royal Helium Trading Up 25.0 %

The stock has a market cap of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The stock’s fifty day moving average price is C$0.04 and its 200 day moving average price is 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.

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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