Royal Helium (CVE:RHC) Shares Up 20% – Time to Buy?

Royal Helium Ltd. (CVE:RHC – Get Free Report) shares rose 20% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 102,747 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 482,906 shares. The stock had previously closed at C$0.03.

Royal Helium Price Performance

The firm has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of C$0.06. The stock 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 debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61.

Royal Helium Company Profile

(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.

Featured Stories

• Five stocks we like better than Royal Helium
• Which Wall Street Analysts are the Most Accurate?
• Dow Jones: A Relevant Benchmark or a Relic of the Past?
• ESG Stocks, What Investors Should Know
• 3 Big-Name Stocks Just Announced Big-Time Dividend Increases
• Why Special Dividends Can be a Delightful Surprise for Income Investors
• Market Overreaction: 2 Stocks to Buy on the Way Down