Royal Helium (CVE:RHC) Shares Up 20% – What’s Next?

Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price traded up 20% on Monday . The stock traded as high as C$0.03 and last traded at C$0.03. 102,747 shares were traded during trading, a decline of 79% from the average session volume of 482,906 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance

The company’s 50-day moving average price is C$0.04 and its two-hundred day moving average price is C$0.06. The stock has a market cap of C$8.95 million, a PE ratio of -0.50 and a beta of 2.26. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25.

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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