Royal Helium (CVE:RHC) Stock Price Down 16.7% – Here’s What Happened

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) fell 16.7% during mid-day trading on Saturday . The company traded as low as C$0.03 and last traded at C$0.03. 233,144 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 16.7 %

The firm has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.06. The firm has a market capitalization of C$8.95 million, a PE ratio of -0.50 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

(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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