Royal Helium Ltd. (CVE:RHC – Get Free Report) shares rose 20% during mid-day trading on Friday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 157,900 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 485,466 shares. The stock had previously closed at C$0.03.
Royal Helium Trading Up 20.0 %
The business’s fifty day moving average is C$0.04 and its 200-day moving average is C$0.06. The stock has a market capitalization of C$10.73 million, a PE ratio of -0.60 and a beta of 2.26. The company has a quick ratio of 0.61, a current ratio of 0.25 and a debt-to-equity ratio of 68.89.
About Royal Helium
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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