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

Shares of Royal Helium Ltd. (CVE:RHCGet Free Report) were down 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 622,640 shares were traded during mid-day trading, a decline of 26% from the average daily volume of 839,481 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

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 stock has a market cap of C$7.16 million, a PE ratio of -0.40 and a beta of 2.26. The business has a 50-day moving average price of C$0.03 and a 200 day moving average price 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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