Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) shot up 25% on Tuesday . The stock traded as high as C$0.03 and last traded at C$0.03. 286,494 shares were traded during mid-day trading, a decline of 70% from the average session volume of 940,322 shares. The stock had previously closed at C$0.02.
Royal Helium Stock Performance
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 firm has a market cap of C$8.95 million, a P/E ratio of -0.50 and a beta of 2.26. The business has a fifty day simple moving average of C$0.03 and a 200-day simple moving average of C$0.05.
About Royal Helium
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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