Avanti Helium (CVE:AVN) Shares Down 13% – Time to Sell?

Avanti Helium Corp. (CVE:AVNGet Free Report)’s share price traded down 13% during trading on Friday . The company 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 Stock Down 13.0 %

The business has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.16. 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.

Avanti Helium Company Profile

(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.

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