Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 16.7% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 1,107,166 shares traded hands during mid-day trading, an increase of 128% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.
Royal Helium Price Performance
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 has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The stock’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.06.
Royal Helium Company Profile
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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