Royal Helium Ltd. (CVE:RHC – Get Free Report)’s share price traded down 1.6% on Friday . The company traded as low as C$0.31 and last traded at C$0.31. 59,502 shares changed hands during trading, a decline of 81% from the average session volume of 320,183 shares. The stock had previously closed at C$0.31.
Royal Helium Stock Performance
The stock has a market cap of C$74.33 million, a price-to-earnings ratio of -15.25 and a beta of 2.83. The company has a debt-to-equity ratio of 8.42, a quick ratio of 0.61 and a current ratio of 0.23. The stock’s 50-day simple moving average is C$0.32 and its two-hundred day simple moving average is C$0.35.
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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