Shares of Avanti Helium Corp. (CVE:AVN – Get Free Report) rose 4.2% on Thursday . The company traded as high as C$0.39 and last traded at C$0.37. Approximately 59,013 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 119,095 shares. The stock had previously closed at C$0.36.
Avanti Helium Stock Performance
The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.36 and a current ratio of 0.13. The stock’s fifty day moving average is C$0.42 and its two-hundred day moving average is C$0.45. The firm has a market cap of C$30.19 million, a price-to-earnings ratio of -4.50 and a beta of 1.33.
About Avanti Helium
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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