Avanti Helium Corp. (CVE:AVN – Get Free Report) rose 31.8% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 569,915 shares were traded during trading, an increase of 545% from the average daily volume of 88,397 shares. The stock had previously closed at C$0.11.
Avanti Helium Stock Performance
The firm’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.13. The firm has a market capitalization of C$15.97 million, a price-to-earnings ratio of -1.24 and a beta of 0.91. 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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