Royal Helium Ltd. (CVE:RHC – Get Free Report) shares fell 20% on Tuesday . The company traded as low as C$0.02 and last traded at C$0.02. 300,477 shares were traded during mid-day trading, a decline of 55% from the average session volume of 674,082 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Down 20.0 %
The firm’s 50-day moving average is C$0.04 and its 200 day moving average is C$0.06. The firm has a market capitalization of C$7.16 million, a P/E ratio of -0.40 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.
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