Royal Helium (CVE:RHC) Shares Down 16.7% – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s stock price was down 16.7% during trading on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 233,144 shares changed hands during 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 Price Performance

The business’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.06. The company has a debt-to-equity ratio of 68.89, a quick ratio of 0.61 and a current ratio of 0.25. The stock has a market cap of C$8.95 million, a price-to-earnings ratio of -0.50 and a beta of 2.26.

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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