Royal Helium (CVE:RHC) Trading 25% Higher – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report) shares traded up 25% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 286,494 shares traded hands during trading, a decline of 70% from the average session volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Stock Up 25.0 %

The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.05. The stock has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26.

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.

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