Royal Helium (CVE:RHC) Stock Price Up 20% – Here’s Why

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) were up 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 traded hands during mid-day 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 Stock Performance

The firm has a market cap of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The firm’s 50 day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The company has a current ratio of 0.25, a quick ratio of 0.61 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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