Avanti Helium (CVE:AVN) Trading 8.3% Higher – Time to Buy?

Avanti Helium Corp. (CVE:AVN) shares were up 8.3% during trading on Monday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 121,940 shares changed hands during mid-day trading, an increase of 23% from the average daily volume of 98,781 shares. The stock had previously closed at C$0.12.

Avanti Helium Stock Up 8.3 %

The business has a 50 day moving average of C$0.15 and a two-hundred day moving average of C$0.20. The stock has a market capitalization of C$12.59 million, a PE ratio of -1.00 and a beta of 0.91. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.36 and a current ratio of 0.17.

Avanti Helium (CVE:AVN) last announced its earnings results on Friday, August 30th. The company reported C($0.01) EPS for the quarter. Analysts predict that Avanti Helium Corp. will post 0.0252443 EPS for the current year.

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.