Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price dropped 9.1% on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 126,648 shares were traded during mid-day trading, an increase of 14% from the average daily volume of 111,213 shares. The stock had previously closed at C$0.11.
Avanti Helium Trading Down 13.0 %
The company has a quick ratio of 1.36, a current ratio of 0.17 and a debt-to-equity ratio of 0.99. The business has a 50-day simple moving average of C$0.11 and a 200-day simple moving average of C$0.16. The company has a market cap of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91.
Avanti Helium Company Profile
Avanti Helium Corp. acquires, explores, and develops helium projects in Canada and the United States. The company's principal project is its 100% owned Greater Knappen Project, which covers an area of approximately 70,140 acres located in the Southern Alberta and Northwestern Montana. The company was formerly known as Avanti Energy Inc and changed its name to Avanti Helium Corp.
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