Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 16.7% during trading on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares changed hands during mid-day 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 Trading Down 16.7 %
The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The business’s fifty day moving average is C$0.04 and its 200 day moving average is C$0.06. The stock has a market cap of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26.
About Royal Helium
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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