Royal Helium (CVE:RHC) Shares Up 20% – Here’s Why

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price traded up 20% on Thursday . The company traded as high as C$0.03 and last traded at C$0.03. 117,125 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 485,301 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The firm has a market cap of C$10.73 million, a PE ratio of -0.60 and a beta of 2.26. The company has a 50 day simple moving average of C$0.04 and a 200-day simple 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.

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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