Avanti Helium (CVE:AVN) Stock Price Down 9.1% – Time to Sell?

Avanti Helium Corp. (CVE:AVNGet Free Report) shares were down 9.1% during mid-day trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 126,648 shares changed hands during trading, an increase of 14% from the average daily volume of 111,213 shares. The stock had previously closed at C$0.11.

Avanti Helium Stock Performance

The company has a market cap of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91. The business has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.16. The company has a quick ratio of 1.36, a current ratio of 0.17 and a debt-to-equity ratio of 0.99.

About Avanti Helium

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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.

Further Reading

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