Royal Helium (CVE:RHC) Trading 25% Higher – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report) shares shot up 25% on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 286,494 shares were traded during 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 Stock Performance

The business’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.05. 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$7.16 million, a PE 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.

Further Reading

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