Shares of Avanti Helium Corp. (CVE:AVN – Get Free Report) rose 31.8% during mid-day trading on Thursday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 569,915 shares traded hands during mid-day trading, an increase of 545% from the average daily volume of 88,397 shares. The stock had previously closed at C$0.11.
Avanti Helium Trading Down 3.4 %
The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 and a quick ratio of 1.36. The firm’s 50 day moving average price is C$0.12 and its 200 day moving average price is C$0.13. The stock has a market capitalization of C$15.97 million, a P/E ratio of -1.24 and a beta of 0.91.
Avanti Helium Company Profile
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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