Royal Helium (CVE:RHC) Stock Price Up 25% – Time to Buy?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price rose 25% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 286,494 shares were traded during trading, a decline of 70% from the average daily volume of 940,322 shares. The stock had previously closed at C$0.02.

Royal Helium Stock Up 25.0 %

The firm has a market capitalization of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The company has a fifty day simple moving average of C$0.03 and a 200 day simple moving average of C$0.06. 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

(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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