Royal Helium (CVE:RHC) Trading Down 16.7% – Time to Sell?

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) were down 16.7% on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares were traded 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 Stock Down 16.7 %

The company has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The stock has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.06.

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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