Royal Helium (CVE:RHC) Shares Down 20% – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price traded down 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 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 Performance

The stock has a market cap of C$7.16 million, a price-to-earnings 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. The stock’s 50-day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.06.

Royal Helium Company Profile

(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.