Royal Helium (CVE:RHC) Trading Down 16.7% – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) was down 16.7% during mid-day trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares were traded during trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. 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 fifty day moving average of C$0.04 and a 200-day moving average of C$0.06.

About Royal Helium

(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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