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

by · The Markets Daily

Royal Helium Ltd. (CVE:RHC – Get Free Report)’s stock price dropped 16.7% on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares were traded during mid-day trading, a decline of 52% from the average daily volume of 484,283 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 16.7 %

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

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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