Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price dropped 11.4% during mid-day trading on Friday . The company traded as low as C$0.18 and last traded at C$0.20. Approximately 437,604 shares changed hands during trading, an increase of 181% from the average daily volume of 155,772 shares. The stock had previously closed at C$0.22.
Avanti Helium Stock Performance
The stock has a market cap of C$23.74 million, a price-to-earnings ratio of -4.88 and a beta of 2.17. The stock’s 50-day moving average is C$0.26 and its 200 day moving average is C$0.16. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36.
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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