Royal Helium (CVE:RHC) Trading Down 33.3% – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price fell 33.3% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 1,463,166 shares changed hands during mid-day trading, an increase of 202% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Down 33.3 %

The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.61. The company has a market cap of C$7.16 million, a price-to-earnings ratio of -0.40 and a beta of 2.26. The business has a 50 day simple moving average of C$0.04 and a 200 day simple moving average of C$0.06.

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.

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