Avanti Helium (CVE:AVN) Shares Up 31.8% – Still a Buy?

Shares of Avanti Helium Corp. (CVE:AVNGet Free Report) traded up 31.8% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. 569,915 shares changed hands during mid-day trading, an increase of 545% from the average session volume of 88,397 shares. The stock had previously closed at C$0.11.

Avanti Helium Trading Down 3.4 %

The stock’s 50 day simple moving average is C$0.12 and its two-hundred day simple moving average is 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. The stock has a market capitalization of C$15.97 million, a PE ratio of -1.24 and a beta of 0.91.

About Avanti Helium

(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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