Royal Helium (CVE:RHC) Trading 25% Higher – Still a Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report) traded up 25% on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 281,494 shares were traded during trading, a decline of 70% from the average session volume of 939,697 shares. The stock had previously closed at C$0.02.

Royal Helium Price Performance

The company has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.05. The stock has a market capitalization 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.

About Royal Helium

(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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