Avanti Helium (CVE:AVN) Stock Price Down 8.3% – Here’s What Happened

Avanti Helium Corp. (CVE:AVNGet Free Report) traded down 8.3% during mid-day trading on Monday . The stock traded as low as C$0.11 and last traded at C$0.11. 109,000 shares traded hands during mid-day trading, an increase of 34% from the average session volume of 81,274 shares. The stock had previously closed at C$0.12.

Avanti Helium Stock Down 8.3 %

The firm has a 50-day simple moving average of C$0.12 and a 200 day simple moving average of C$0.13. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36. The company has a market capitalization of C$12.54 million, a PE ratio of -0.98 and a beta of 0.91.

About Avanti Helium

(Get Free Report)

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.

Read More

Receive News & Ratings for Avanti Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avanti Helium and related companies with MarketBeat.com's FREE daily email newsletter.