Avanti Helium Corp. (CVE:AVN – Get Free Report) shares shot up 2.5% during mid-day trading on Wednesday. The stock traded as high as C$0.41 and last traded at C$0.41. 96,370 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 418,224 shares. The stock had previously closed at C$0.41.
Avanti Helium Trading Up 4.9%
The firm has a market capitalization of C$55.44 million, a PE ratio of -9.35 and a beta of -2.73. The company’s 50-day simple moving average is C$0.45 and its 200 day simple moving average is C$0.47. The company has a quick ratio of 1.36, a current ratio of 1.46 and a debt-to-equity ratio of 1.09.
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. in August 2022. Avanti Helium Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
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