Avanti Helium Corp. (CVE:AVN – Get Free Report) shares rose 4.2% during trading on Thursday . The company traded as high as C$0.39 and last traded at C$0.37. Approximately 59,013 shares were traded during trading, a decline of 50% from the average daily volume of 119,095 shares. The stock had previously closed at C$0.36.
Avanti Helium Price Performance
The company has a debt-to-equity ratio of 0.57, a current ratio of 0.13 and a quick ratio of 1.36. The stock has a market capitalization of C$31.03 million, a price-to-earnings ratio of -4.63 and a beta of 1.33. The company has a 50-day simple moving average of C$0.42 and a two-hundred day simple moving average of C$0.45.
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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