Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price shot up 20% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. 157,900 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
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 stock’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 debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25.
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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