Royal Helium (CVE:RHC) Trading Up 20% – What’s Next?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price traded up 20% during trading on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 157,900 shares were traded during trading, a decline of 67% from the average session volume of 485,466 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Up 20.0 %

The business has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.06. 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 firm has a market cap of C$10.73 million, a P/E ratio of -0.60 and a beta of 2.26.

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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