Royal Helium (CVE:RHC) Hits New 52-Week Low – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares reached a new 52-week low on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 583379 shares traded. The stock had previously closed at C$0.05.

Royal Helium Trading Down 11.1 %

The business has a 50-day moving average price of C$0.06 and a 200-day moving average price of C$0.07. 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 capitalization of C$14.31 million, a P/E ratio of -0.90 and a beta of 2.26.

Royal Helium (CVE:RHCGet Free Report) last issued its quarterly earnings results on Wednesday, August 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$0.72 million during the quarter.

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.

Featured Articles

Receive News & Ratings for Royal Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Royal Helium and related companies with MarketBeat.com's FREE daily email newsletter.