Royal Helium (CVE:RHC) Trading Down 16.7% – Should You Sell?

by · The Cerbat Gem

Royal Helium Ltd. (CVE:RHC – Get Free Report) shares were down 16.7% during trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares changed hands during trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Down 16.7 %

The company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26. The business has a fifty day simple moving average of C$0.04 and a two-hundred 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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