Royal Helium (CVE:RHC) Stock Price Down 33.3% – Here’s What Happened

Shares of Royal Helium Ltd. ( CVE:RHC – Get Free Report ) fell 33.3% on Friday .

The company traded as low as C$0.02 and last traded at C$0.02.



1,463,166 shares changed hands during mid-day trading, an increase of 202% from the average session volume of 485,291 shares. The stock had previously closed at C$0.03.

Royal Helium Stock Performance The company has a debt-to-equity ratio of 68.89, a current ratio of 0.25 and a quick ratio of 0.

61. The firm has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.

06. The company has a market cap of C$8.95 million, a price-to-earnings ratio of -0.

50 and a beta of 2.26. 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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