Avanti Helium Corp. (CVE:AVN – Get Free Report) shares dropped 11.1% during trading on Friday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 435,243 shares changed hands during mid-day trading, an increase of 192% from the average daily volume of 149,201 shares. The stock had previously closed at C$0.18.
Avanti Helium Stock Performance
The company has a market cap of C$19.23 million, a P/E ratio of -3.90 and a beta of 1.77. The business has a 50 day moving average price of C$0.23 and a two-hundred day moving average price of C$0.17. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.16.
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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