Royal Helium (CVE:RHC) Sets New 1-Year Low – Time to Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 218400 shares traded. The stock had previously closed at C$0.03.

Royal Helium Stock Down 16.7 %

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

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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