Avanti Helium (CVE:AVN) Stock Price Down 13% – What’s Next?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price fell 13% during trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. 102,634 shares were traded during trading, a decline of 28% from the average session volume of 142,990 shares. The stock had previously closed at C$0.12.

Avanti Helium Stock Down 13.0 %

The stock has a market capitalization of C$9.68 million, a price-to-earnings ratio of -0.77 and a beta of 0.91. The firm has a 50-day moving average of C$0.11 and a 200 day moving average of C$0.16. The company has a current ratio of 0.17, a quick ratio of 1.36 and a debt-to-equity ratio of 0.99.

Avanti Helium Company Profile

(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.

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