Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 20% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 300,477 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 674,082 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The firm has a 50-day moving average of C$0.04 and a 200-day moving average of C$0.06. 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 firm has a market capitalization of C$7.16 million, a P/E ratio of -0.40 and a beta of 2.26.
Royal Helium Company Profile
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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