Avanti Helium Corp. (CVE:AVN – Get Free Report)’s share price traded up 10.2% during mid-day trading on Wednesday . The company traded as high as C$0.51 and last traded at C$0.48. 488,734 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 534,918 shares. The stock had previously closed at C$0.44.
Avanti Helium Trading Up 1.1%
The company has a 50 day moving average of C$0.45 and a 200-day moving average of C$0.39. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.36 and a current ratio of 1.05. The stock has a market cap of C$61.80 million, a price-to-earnings ratio of -10.21 and a beta of -1.96.
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. in August 2022. Avanti Helium Corp. was incorporated in 2011 and is headquartered in Calgary, Canada.
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