Shares of Avanti Helium Corp. (CVE:AVN – Get Free Report) fell 9.1% on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. 126,648 shares traded hands during mid-day trading, an increase of 14% from the average session volume of 111,213 shares. The stock had previously closed at C$0.11.
Avanti Helium Stock Performance
The company has a quick ratio of 1.36, a current ratio of 0.17 and a debt-to-equity ratio of 0.99. The firm has a market cap of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91. The business has a fifty day simple moving average of C$0.11 and a 200-day simple moving average of C$0.16.
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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