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

Royal Helium Ltd. (CVE:RHCGet Free Report) traded up 25% on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 286,494 shares traded hands during mid-day 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 Trading Down 20.0 %

The stock has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26. The company has a current ratio of 0.25, a quick ratio of 0.61 and a debt-to-equity ratio of 68.89. The firm has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.05.

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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