Avanti Helium (CVE:AVN) Trading 9.1% Higher – Here’s What Happened

Shares of Avanti Helium Corp. (CVE:AVNGet Free Report) traded up 9.1% on Thursday . The company traded as high as C$0.12 and last traded at C$0.12. 50,000 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 85,640 shares. The stock had previously closed at C$0.11.

Avanti Helium Stock Performance

The firm has a market capitalization of C$14.26 million, a P/E ratio of -1.11 and a beta of 0.91. The stock has a fifty day simple moving average of C$0.11 and a two-hundred day simple moving average of C$0.13. The company has a debt-to-equity ratio of 0.99, a current ratio of 0.16 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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