Royal Helium (CVE:RHC) Stock Price Down 33.3% – Should You Sell?

Royal Helium Ltd. (CVE:RHCGet Free Report)’s share price was down 33.3% during mid-day trading on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,463,166 shares changed hands during trading, an increase of 202% from the average daily volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Trading Up 25.0 %

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

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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