Royal Helium Ltd. (CVE:RHC – Get Free Report) shares rose 20% during mid-day 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 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 Down 16.7 %
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 firm’s 50-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
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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