Avanti Helium (CVE:AVN) Stock Price Down 13% – Should You Sell?

Shares of Avanti Helium Corp. (CVE:AVNGet Free Report) fell 13% during mid-day trading on Saturday . The stock traded as low as C$0.10 and last traded at C$0.10. 189,134 shares were traded during mid-day 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 company has a market capitalization of C$9.68 million, a PE ratio of -0.77 and a beta of 0.91. The business has a 50-day moving average of C$0.11 and a 200 day moving average of C$0.16. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.17 and a quick ratio of 1.36.

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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