Royal Helium (CVE:RHC) Trading Down 16.7% – What’s Next?

Royal Helium Ltd. (CVE:RHC)’s share price traded down 16.7% on Monday . The stock traded as low as C$0.03 and last traded at C$0.03. 377,054 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 483,658 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Up 20.0 %

The business has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.06. The stock has a market capitalization of C$10.73 million, a price-to-earnings ratio of -0.60 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25.

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.