Royal Helium Ltd. (CVE:RHC – Get Free Report) shares were down 33.3% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares changed hands during trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of 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. The stock has a market capitalization of C$8.95 million, a price-to-earnings 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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