Royal Helium (CVE:RHC) Stock Price Up 25% – What’s Next?

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

Royal Helium Trading Down 20.0 %

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 has a fifty day moving average of C$0.03 and a 200 day moving average of C$0.05. The company has a market capitalization of C$7.16 million, a PE ratio of -0.40 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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