Shares of Avanti Helium Corp. (CVE:AVN – Get Free Report) traded up 25% during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.10. 362,093 shares traded hands during mid-day trading, an increase of 227% from the average session volume of 110,583 shares. The stock had previously closed at C$0.08.
Avanti Helium Trading Up 25.0 %
The business’s 50 day simple moving average is C$0.12 and its 200-day simple moving average is C$0.17. The stock has a market capitalization of C$9.68 million, a P/E ratio of -0.77 and a beta of 0.91. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.17 and a quick ratio of 1.36.
About Avanti Helium
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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