Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
An update from Royal Helium ( (TSE:RHC) ) is now available.
Royal Helium Ltd. has filed for creditor protection under the Bankruptcy and Insolvency Act to facilitate a structured process for addressing its financial challenges. This move aims to develop an orderly process to manage its operations and maximize asset value while maintaining its board and management under the oversight of a proposal trustee. The filing may lead to a delisting review by the TSX Venture Exchange, and it follows the resignation of the company’s VP of Geology and COO.
More about Royal Helium
Royal Helium Ltd. is an exploration, production, and infrastructure company focusing on the development of helium and associated gases. The company operates across Southern Saskatchewan and southeastern Alberta, with helium reservoirs primarily carried with nitrogen, which results in a low greenhouse gas footprint compared to other helium extraction processes.
YTD Price Performance: 0%
Average Trading Volume: 476,919
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$7.55M
For a thorough assessment of RHC stock, go to TipRanks’ Stock Analysis page.
