Royal Helium (CVE:RHC) Trading Down 20% – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares traded down 20% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 300,477 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 674,082 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The firm has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.06. 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$7.16 million, a price-to-earnings 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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