Avanti Helium (CVE:AVN) Stock Price Up 31.8% – Time to Buy?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s stock price traded up 31.8% during mid-day trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. 569,915 shares changed hands during trading, an increase of 545% from the average session volume of 88,397 shares. The stock had previously closed at C$0.11.

Avanti Helium Price Performance

The firm has a market cap of C$15.97 million, a price-to-earnings ratio of -1.24 and a beta of 0.91. The stock’s 50-day moving average price is C$0.12 and its 200 day moving average price is C$0.13. The company has a quick ratio of 1.36, a current ratio of 0.16 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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