Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price fell 13% during mid-day trading on Friday . The company traded as low as C$0.10 and last traded at C$0.10. 189,134 shares were traded during trading, a decline of 5% from the average session volume of 198,740 shares. The stock had previously closed at C$0.12.
Avanti Helium Stock Performance
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 company’s 50 day moving average is C$0.11 and its 200-day moving average is C$0.16. The firm has a market capitalization of C$9.68 million, a P/E 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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