Avanti Helium (CVE:AVN) Stock Price Down 13% – Here’s What Happened

Avanti Helium Corp. (CVE:AVNGet Free Report) fell 13% during mid-day trading on Friday . The stock traded as low as C$0.10 and last traded at C$0.10. 189,134 shares were traded during trading, a decline of 5% from the average session volume of 198,740 shares. The stock had previously closed at C$0.12.

Avanti Helium Trading Down 13.0 %

The company 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. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.17.

About Avanti Helium

(Get Free Report)

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.

See Also

Receive News & Ratings for Avanti Helium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Avanti Helium and related companies with MarketBeat.com's FREE daily email newsletter.