Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price traded down 16.7% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. 233,144 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
The company’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89. The company has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.
About Royal Helium
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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