Shares of Royal Helium Ltd. (CVE:RHC – Get Free Report) dropped 16.7% on Saturday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 484,445 shares. The stock had previously closed at C$0.03.
Royal Helium Stock Performance
The stock has a fifty day moving average price of C$0.04 and a 200-day moving average price of C$0.06. 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 firm has a market capitalization of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.
Royal Helium Company Profile
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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